DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Thu Aug 21, 2014 03:35 PM CDT

Cotton futures settled mixed Thursday as benchmark December wriggled off the session low posted after USDA reported a slowdown in U.S. weekly export sales to finish with a small gain.

December edged up 11 points to close at 65.92 cents, just below the midpoint of its 137-point range from up 86 points at 66.67 cents -- its highest intraday price since July 24 -- to down 51 points to 65.30 cents. This was its highest close since July 24.

Nearby October closed up 118 points to 66.50 cents, jumping to a 58-point settlement premium to December, and March eased nine ...

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