NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Wed Jul 16, 2014 03:03 PM CDT

Cotton futures settled with a small loss at a contract low close in benchmark December Wednesday after jumping to a triple-digit gain above highs of the previous three sessions.

December closed down 11 points to 67.64 cents, in the lower quarter of its 174-point range from up 139 points at 69.14 to down 35 points at 67.40 cents. It fell below lows of the previous two sessions but held above Friday's intraday contract low of 67.10 cents.

Volume rose to an estimated 15,900 lots from 14,723 lots the previous session when spreads totaled 24% and EFP 20 lots. Options volume ...

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