NEWS
DTN Closing Cotton Commentary
Wed Aug 6, 2014 03:13 PM CDT

OUTSIDE MARKETS: Row crops jumped higher on turmoil and crop condition concerns in the EU; Putin has now signed a decree that will limit or ban imports of agriculture products from countries which sanctioned Russia, causing a short-covering rally in wheat. Leading the rally for the grain complex, all three major wheat markets gained. After making new highs for the current move, the U.S. dollar slipped on concerns that sanctions against Russia will lead to the currency losing some of its desirability.

General Comments: Fresh, bullish fundamentals have surfaced as the cotton market continues ...

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