NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Thu Jul 3, 2014 02:56 PM CDT

Cotton futures fell to yet another new low close for the move in benchmark December Thursday, finishing with the fourth weekly loss in a row and the eighth in the last nine weeks.

December closed the holiday-shortened trading week off 41 points at 72.06 cents, in the middle of its 110-point range from up 15 points at 72.62 to down 95 points at 71.52 cents. It lost 279 points for the week and settled at the lowest close on its weekly chart since early June 2012.

Volume slowed to an estimated 12,100 lots from 14,532 lots the previous session when ...

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