NEWS
DTN Closing Cotton Commentary
Fri Mar 15, 2013 03:14 PM CDT

Cotton futures closed the week on another mostly up day. May closed 1.64 higher at 92.50 after trading as much as 2.25 higher earlier in the day on strong commercial buying. July closed 1.22 higher at 92.76, well off its high for the day. December was modestly higher early in the session, but couldn't hold on to those gains and closed down .03 at 88.51.

Futures hit 11-month highs during the trading session Friday on increased demand, mostly from China. Technically, the May contract cleared minor price resistance during Friday's trade.

The May-to-July spread narrowed to a .26 contango (carry) ...

Quick View
  • Enlist Cotton Approved USDA has made its final decision to deregulate Dow AgroScience's Enlist cotton trait, which means...
  • Market Moves Weaning and preconditioning top the list of aggravating and expensive chores for most ranchers. C...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Senior Partners - 4 Except for family sales, seller financing virtually vanished after the farm crisis of the 1980s w...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Woodbury: Farm Family Business Agendas don't always lead to immediate decisions, but can still cement your family unity.
  • Multi-Year Losses Spur Concern The recent price rally offered growers a welcome opportunity to price 2014 and 2015 crops, but it...
  • Ask the Vet The vet says my calf had Mannheimia. What is that?
Related News Stories
Enlist Cotton Approved