DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Tue Aug 19, 2014 03:44 PM CDT

Cotton futures meandered to slight closing gains Tuesday, locked within tight trading spans on thin volume.

Benchmark December settled up 32 points to 64.16 cents, around the middle of a mere 52-point trading span from up four points at 63.88 to up 56 points at 64.40 cents. It had set the range for the entire session by about 6 a.m. CDT, twice touching the high after opening on the low.

Volume slowed to an estimated 9,700 lots from a final 10,304 lots the previous session when spreads totaled 2,704 lots or 26%, EFP 118 lots and EFS 100 lots. Options ...

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