NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Mon Mar 18, 2013 02:31 PM CDT

Cotton futures settled lower Monday as weakness in outside markets encouraged profit-taking amid fears that a proposed bailout for Cyprus could result in a deepening of Europe’s debt crisis.

Spot May closed off 167 points at 90.83 cents, below the middle of the session trading range from unchanged at 92.50 to down 270 points at 89.80 cents. July dropped 138 points to 91.38 cents and December dipped a slight 12 points to 88.39 cents.

Volume slowed to an estimated 21,900 lots from 36,898 lots the previous session when spreads accounted for 14,188 lots or 39% and EFP for 103 lots. ...

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