DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Fri Mar 8, 2013 02:47 PM CST

Cotton futures settled with modest gains Friday on the heels of expected friendly supply-demand estimates.

Spot May settled up 38 points to 86.88 cents after trading within a 268-point range from up 228 points at 88.78 cents to down 40 points at 86.10 cents. It hit the highest intraday mark since early May in early morning, fell to the low amid some evening up ahead of the USDA report and then bounced to close in the lower third of the range.

July gained 49 points to 87.57 cents and December added 41 points to 86.39 cents. For the week, the ...

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