NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Mon Aug 25, 2014 03:35 PM CDT

Cotton futures rallied from a triple-digit loss below lows of the prior two sessions to finish little changed in benchmark December Monday.

December closed off three points at 66.15 cents, in the upper quarter of its 143-point range from up 26 points at 66.44 to down 117 points at 65.01 cents. It consolidated after posting three weekly gains in a row.

Volume increased to an estimated 15,500 lots from 13,053 lots the previous session when spreads accounted for 5,361 lots or 41% and EFP 89 lots. Options volume totaled 529 calls and 1,060 puts.

Boll setting has neared completion throughout ...

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