Looks like some inquiries and bids from oversees last night created some demand for a needed NYF rally today even though it is minimal at this point Z up 30pts. We think around 40000 b/c sold last night. I know you have heard of the famous ream, i mean Seam which is going to make it awfully hard to compete with as far as online cotton trading goes. They have the most liquidity for trading. Your right, another year for the Loan and with a diminishing step 2 it will make it hard to sell. did you read the article in the NYT about Burkina Fasso and how our subsidies are killing the african cotton growers. I will see for myself when itravel over there next month. I'm moving to Geneva for 6 months to check out evrything over in that part of the world. Ie, CIS: the stans, West Africa and south-central africa. should be interesting.