NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Wed Mar 27, 2013 03:50 PM CDT

Cotton futures consolidated higher in old-crop contracts and settled little changed in December amid positioning Wednesday ahead of the long-awaited U.S. prospective plantings report from USDA.

Spot May rallied from early losses to close up 49 points to 88.53 cents, near the high of its 153-point range from down 91 points at 87.13 cents to up 62 points at 88.66 cents.

July also touched its high in the late going and settled near there at 89.80 cents, up 47 points, trading from 88.43 to 89.92 cents. Both May and July remained within the prior-session ranges.

The December contract eked out ...

Quick View
  • Dealing with Diplodia After the latest spate of wet, cool weather in parts of the Midwest, plant pathologists are urgin...
  • Year-Round Cow Kelly Smith believes fetal programming through good nutrition for dams yields better steers and h...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Cash Will Be King Years of $6-and-up corn couldn't last forever. Some proactive grain farmers are bolstering their ...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • COOL Appeal Likely in 2015 Agriculture Secretary Tom Vilsack said the U.S. might not file an appeal of the country-of-origin...
  • Ask the Taxman by Andy Biebl Readers ask if they can offset futures losses against cattle income, roll hedges forward tax-free...
  • Ranch Hands Two families take different approaches to building income from trail rides, roundups and real-lif...
  • Ask the Vet Why isn't my flea and tick control for dogs working?
Related News Stories
(none currently available)