DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Mon Aug 18, 2014 03:03 PM CDT

Cotton futures settled at a four-session low close Monday in benchmark December, which finished below the inside-range lows of the prior two days.

December closed down 51 points to 63.84 cents, just off the low of its 97-point range from up 40 points at 64.75 -- the high touched on the overnight opening -- to down 57 points at 63.78 cents. It settled back below its nine-day moving average after having closed above that mark three sessions in a row and in five of the last six.

Electronically estimated volume totaled 10,000-plus lots, against a final 10,445 lots the previous ...

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