NEWS
DTN Closing Cotton Commentary
Thu Mar 14, 2013 03:43 PM CDT

Cotton futures closed significantly higher Thursday, posting triple-digit gains in all contracts but the October. May closed up 2.25 at 90.86, a level it hasn't seen since mid-April of 2012. July closed up 1.99 at 91.54; October up .90 at 89.42; and December up 1.03 at 88.54. The seasonal tendency is for prices to move sideways through March and then lower into April. The long-term trend on the weekly continuation chart is turning up, along with the short-term trend.

The May-to-July spread narrowed to a .68 contango (carry) from a .94 contango yesterday. A narrowing contango reflects commercial buying and ...

Quick View
  • Prepping for a Pest USDA has released a new set of pest response guidelines for Helicoverpa armigera, the voracious g...
  • Racing the Clock For Brian Marshall, the clock starts the minute a new calf hits the ground. Within the first four...
  • Hay Baling Safety Important Looking at it as a sporting event, mid-July is the halftime of the hay baling season in most of t...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • Klinefelter: By the Numbers Peak prices since 2007 didn't slow megafarm consolidation. Mid-size operators may need to collabo...
  • Corn's Hidden Highways Scientists are rewriting the route to better hybrids.
  • Ask the Vet Before implanting heifers that will be bred, consult with a veterinarian to be sure fertility won...
Related News Stories
(none currently available)