DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Thu Aug 28, 2014 03:02 PM CDT

Cotton futures shrugged off healthy U.S. weekly export sales to settle at a three-session low close in benchmark December Thursday.

December, which didn't trade on the plus side throughout the session, finished down 88 points to 66.58 cents, even with the prior-session low. It settled in the lower half of its 132-point range from down two points at 67.44 to down 134 points at 66.12 cents.

Nearby October lost the most, settling down 116 points to 67.14 cents, and March closed off 63 points to 67.18 cents.

Favorable U.S. cotton weather forecasts may have contributed to negative sentiment in an ...

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