This .zip file contains graphic files (in .png format) of each chart and graph in the Economic Research Service report 
"U.S. Cotton Prices and 
the World Cotton Market" (ERR-80), published in September 2009. The content 
and context of these files is as of the publication date of the report. After time, the material may not reflect the 
current ERS program of work, may be outdated, and/or superseded, so please visit the website to obtain the latest 
information: www.ers.usda.gov.

Any reuse of these images should include attribution to "Economic Research Service/USDA."

The following inventory lists each of the files in this folder.



File name		Description

(fig1.png)		Figure 1 - U.S. season-average farm price for upland cotton, 1960-2007
(fig2.png)		Figure 2 - Impact of U.S. consumption subsidy on U.S. cotton
(fig3.png)		Figure 3 - Impact of U.S. consumption subsidy on ROW (rest of world) cotton
(fig4.png)		Figure 4 - Quandt Likelihood Ratio test results for cotton price model, 1974/75-2006/07
(fig5.png)		Figure 5 - U.S. cotton exports and consumption, 1950-2008
(fig6.png)		Figure 6 - Actual and estimated U.S. upland cotton farm price, 1974-2007
(fig7.png)		Figure 7 - Out-of-sample performance of proposed model relative to alternative models
(fig8.png)		Figure 8 - December ICE cotton contracts' basis, 2005-08