DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Wed Jun 4, 2014 02:41 PM CDT

Cotton futures tumbled to a triple-digit loss in spot July Wednesday, snapping a four-session string of higher closes and finishing just below the prior day's low.

July shed 128 points to settle at 86.08 cents, near the low of its 190-point range from up 46 points at 87.82 cents to down 144 points to 85.92 cents. It settled on its lowest close since last Wednesday.

December closed off 22 points at 77.88 cents, just above the midpoint of its 111-point range from up 23 points at 78.33 to down 88 points at 77.22 cents.

Volume slowed to an estimated 29,200 ...

Quick View
Related News Stories
China Battles Big Cotton Reserves