Crop Progress - CottonJun 26, 2012 Cotton Squaring - Selected States [These 15 States planted 99% of the 2011 cotton acreage] ----------------------------------------------------------------- : Week ending : :-----------------------------------: State : June 24, : June 17, : June 24, : 2007-2011 : 2011 : 2012 : 2012 : Average ----------------------------------------------------------------- : percent : Alabama .........: 20 57 61 29 Arizona .........: 62 50 70 52 Arkansas ........: 39 85 92 62 California ......: 24 30 40 37 Georgia .........: 31 44 56 35 Kansas ..........: 7 4 19 7 Louisiana .......: 79 56 72 70 Mississippi .....: 52 52 77 54 Missouri ........: 27 36 50 35 North Carolina ..: 55 9 21 54 Oklahoma ........: 4 7 12 12 South Carolina ..: 21 17 23 21 Tennessee .......: 28 31 46 38 Texas ...........: 22 15 21 23 Virginia ........: 37 35 45 16 : 15 States .......: 29 27 36 32 ----------------------------------------------------------------- Cotton Setting Bolls - Selected States [These 15 States planted 99% of the 2011 cotton acreage] ----------------------------------------------------------------- : Week ending : :-----------------------------------: State : June 24, : June 17, : June 24, : 2007-2011 : 2011 : 2012 : 2012 : Average ----------------------------------------------------------------- : percent : Alabama .........: - 1 2 1 Arizona .........: 19 - 15 13 Arkansas ........: 3 5 16 3 California ......: - - - 6 Georgia .........: 4 4 13 3 Kansas ..........: - - - - Louisiana .......: 24 2 10 11 Mississippi .....: 1 - 6 3 Missouri ........: - - 5 3 North Carolina ..: 2 - - 2 Oklahoma ........: - - - - South Carolina ..: - - - - Tennessee .......: - - - - Texas ...........: 13 9 10 11 Virginia ........: - - - - : 15 States .......: 8 5 8 7 ----------------------------------------------------------------- - Represents zero. Cotton Condition - Selected States: Week Ending June 24, 2012 [National crop conditions for selected States are weighted based on 2011 planted acreage] ---------------------------------------------------------------------------- State : Very poor : Poor : Fair : Good : Excellent ---------------------------------------------------------------------------- : percent : Alabama ........: - 9 27 58 6 Arizona ........: 1 6 21 49 23 Arkansas .......: 2 6 24 44 24 California .....: - - 5 30 65 Georgia ........: - 4 35 50 11 Kansas .........: - 1 46 49 4 Louisiana ......: - 2 33 53 12 Mississippi ....: - 3 17 62 18 Missouri .......: 8 27 44 19 2 North Carolina .: 1 4 39 52 4 Oklahoma .......: - 3 34 43 20 South Carolina .: - 2 19 73 6 Tennessee ......: 1 4 22 58 15 Texas ..........: 8 16 40 31 5 Virginia .......: - - 22 78 - : 15 States ......: 5 11 34 40 10 : Previous week ..: 6 9 32 43 10 Previous year ..: 21 20 32 24 3 ---------------------------------------------------------------------------- - Represents zero. DISCLAIMER: This information is not to be construed as an offer to sell or a solicitation or an offer to buy the commodities herein named. The factual information of this report has been obtained from sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to the accuracy, and is not to be construed as representation by Commodity & Derivative Adv. The risk of trading futures and options can be substantial. Each investor must consider whether this is a suitable investment. Past performance is not indicative of future results. Read Entire Disclaimer. | 
