NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Wed Jul 9, 2014 02:48 PM CDT

Cotton futures lost ground for the seventh session in a row and 10th in the last 11, basis benchmark December, which settled on another contract low close Wednesday.

December settled off 43 points to 69.67 cents, in the lower quarter of its 118-point range from up 58 points at 70.68 to down 60 points at a new intraday low for the move at 69.50 cents.

July expired at 74.97 cents, down three points and 530 points over December. October posted the only closing gain, settling up 46 points to 70.55 cents, 88 points over December.

Volume slowed to an estimated ...

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