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
  • Crop Tech Corner In this week's Crop Tech Corner, a community of Arkansas farmers have successfully banded togethe...
  • Market News AgriClear is not an auction, but an online digital sales floor where buyers and sellers negotiate...
  • UAS Research Takes Off Key members of the House and Senate last week praised the Federal Aviation Administration for sel...
  • "Total Market Isn't Dead" Used equipment inventories are escalating.
  • Rain, Rain, Go Away Waterlogged and flooded fields in much of the Midwest are putting corn and soybean fields at risk...
  • Feds to Examine Biotech Rules In a memo to USDA, FDA and EPA, the White House stated that a review of biotech regulations was n...
  • Evolution of Farm Kid Jobs DTN Staff Reporter Russ Quinn reflects on the farm activities of his youth that his children will...
  • IARC: Possible 2,4-D Cancer Link The International Agency for Research on Cancer has classified the herbicide 2,4-D as possibly ca...
  • Ask the Vet How do I know what minerals my cows need and how much?
Related News Stories
China Cotton Acres Seen Down 20%