NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Wed Aug 20, 2014 03:35 PM CDT

Cotton futures exploded from a slow start to finish with strong gains Wednesday, triggering a series of buy-stops to reach an intraday peak above highs of the prior three weeks.

Benchmark December settled up 165 points to 65.81 cents, in the upper quarter of its 207-point range from down three points at 64.13 to up 204 points at 66.20 cents. It posted its highest intraday print since July 25 and its highest close since July 28.

Technical signs that the market may have carved out a potential near-term bottom helped to fuel the drive to higher ground, analysts said.

Volume ...

Quick View
  • Dealing with Diplodia After the latest spate of wet, cool weather in parts of the Midwest, plant pathologists are urgin...
  • Year-Round Cow Kelly Smith believes fetal programming through good nutrition for dams yields better steers and h...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Cash Will Be King Years of $6-and-up corn couldn't last forever. Some proactive grain farmers are bolstering their ...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • COOL Appeal Likely in 2015 Agriculture Secretary Tom Vilsack said the U.S. might not file an appeal of the country-of-origin...
  • Ask the Taxman by Andy Biebl Readers ask if they can offset futures losses against cattle income, roll hedges forward tax-free...
  • Ranch Hands Two families take different approaches to building income from trail rides, roundups and real-lif...
  • Ask the Vet Why isn't my flea and tick control for dogs working?
Related News Stories
(none currently available)