DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Wed Mar 6, 2013 02:51 PM CST

Cotton futures nudged up to another new 10-month high and closed with modest gains Wednesday, extending a winning streak to seven sessions in a row in the May contract.

May settled up 26 points to 87.24 cents, slightly above the midpoint of its 98-point range from down 37 points at 86.61 cents to up 61 points at 87.59 cents. March expired 101 points under May, settling at 86.23 cents, while July also gained 26 points to close at 87.96 cents and December rose 57 points to finish at 86.31 cents.

Trade estimates on U.S. weekly export sales range mostly around ...

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