DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Wed Jul 23, 2014 03:34 PM CDT

Cotton futures finished with modest gains in most contracts on light volume Wednesday as traders looked ahead to a report on U.S. weekly export sales and shipments.

Benchmark December edged up 17 points to close at 68.08 cents, just above the midpoint of its tight 85-point range from up 49 points at 68.40 to down 36 points at 67.55 cents.

Spot and thinly traded October eased off three points to close with the only loss at 68.77 cents and March matched December's gain, settling up 17 points to 68.73 cents.

Volume slowed to an estimated 8,900 lots from 13,897 lots ...

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