DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Thu Jul 17, 2014 03:06 PM CDT

Cotton futures traded both sides of unchanged in choppy price action in benchmark December and finished about flat at midrange Thursday.

December settled up a point at 67.65 cents, trading within a tight 81-point range from up 42 points to 68.06 cents to down 39 points at 67.25 cents. Spot October closed up six points to 68.45 cents and March settled down seven points to 68.23 cents.

Volume declined to an estimated 12,600 lots from a final 16,705 lots the previous session when spreads totaled 3,038 lots or 18%, EFS 549 lots and EFP 262 lots. Options volume totaled 3,253 ...

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