Cotton futures settled with a slight loss on a late jump in most-active December after it had hit a new intraday low for the move Tuesday.
December closed off 11 points to 73.40 cents, in the upper quarter of its 150-point range from down 131 points at 72.20 to up 19 points at 73.70 cents. Maturing July plunged 213 points to close at 77.08 cents.
Volume dipped to an estimated 17,700 lots from 18,298 lots the previous session when spreads totaled 2,796 lots or 15% and EFS 50 lots. Options volume totaled 3,889 calls and 6,327 puts.
Upland plantings on ...