DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Tue Jul 15, 2014 03:30 PM CDT

Cotton futures settled on a new contract low close in benchmark December Tuesday, posting a lower high for the 15th consecutive session.

December closed off 55 points to 67.75 cents, in the lower quarter of its 117-point range from down 80 points at 67.50 to up 37 points at 68.67 cents. It fell below Monday's low of 67.83 but held above Friday's intraday contract low of 67.10 cents.

Volume rose to an estimated 14,703 lots from a final 13,711 lots the previous session when spreads totaled 3,635 lots or 27%, EFP 230 lots and EFS 176 lots. Options volume totaled ...

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