NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Fri Aug 22, 2014 02:57 PM CDT

Cotton futures rallied from a shallow early dip in benchmark December to finish modestly ahead Friday and post the third weekly gain in a row.

December closed up 26 points to 66.18 cents, near the high of its 90-point inside day range from down 53 points at 65.39 cents to up 37 points to 66.29 cents. This marked its highest close since July 23.

A 38.2% retracement of the 1,588-point plunge from the June 23 high to the Aug. 1 contract low at 62.02 would be 68.09. The 40-day moving average coming into the day was 67.11 cents.

Thinly traded ...

Quick View
  • Xtend Moves Forward USDA has issued its final environmental impact statement recommending full deregulation of Monsan...
  • Land Market What could the next year hold for land values?
  • No Agreement on Tax Extenders White House spokesman Josh Earnest on Monday said in his daily briefing that the White House woul...
  • Senior Partners - 4 At-your-service consultants help you walk through estate planning from start to finish.
  • Dow's Gutsy Decision Dow's decision to launch Enlist offers some hand-selected growers a chance to test drive new tech...
  • Congress Reaches Funding Deal The overall Agriculture Department and related agencies bill would cost $20.5 billion for fiscal ...
  • Need To Bee Accurate A news story had the wires buzzing Tuesday afternoon after a report that EPA was set to restrict ...
  • Kub's Den The Dakotas lost more than $130 million in grain revenue during the 2013-14 marketing year compar...
  • Ask the Vet What can I do to improve udder quality in my herd?
Related News Stories
(none currently available)