NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Thu Jul 24, 2014 03:14 PM CDT

Cotton futures crashed through sell stops to a new contract low in benchmark December Thursday, shrugging off another round of strong U.S. new-crop export sales.

December closed off 203 points to 66.05 cents, lowest finish since October 2009 on a continuous weekly chart and in the lower quarter of its 258-point range from up 16 points to 68.24 to down 242 points at 65.66 cents. It ticked up to the session high the first few minutes after release of USDA's weekly export sales-shipments report.

Slower global growth foreseen by the International Monetary Fund contributed to the skid, analysts said. The ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Ample Stocks Ahead Drought recovery in many areas has led to higher stocks, brighter production prospects and modera...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 2 Iowa farmland owners Fred and Lodean Cook may consider flexible cash leases for the first time th...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Klinefelter: By the Numbers Deteriorating profit margins flip the fortunes of big renters and conservative owner-operators. I...
  • Training for Sustainability The Hmong American Farmers Association is helping producers who migrated to the United States fol...
  • Ask the Vet What are these crusty scabs on my cattle?
Related News Stories
(none currently available)