DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Tue Jun 24, 2014 03:36 PM CDT

Cotton futures plummeted Tuesday to a new low for the move and the lowest close since Dec. 11 in maturing July, now trading without limits, and settled with a triple-digit loss in December on thin overall volume.

July lost 571 points to settle at 81.81 cents, trading from down 222 points at 85.30 to down 619 points or 7.1% on its last tick at 81.33 cents. It had plunged the 400-point limit to its final tick on long liquidation on Monday prior to first notice day when most traders not wanting to make or take delivery typically have exited the ...

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