NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Thu Mar 28, 2013 03:39 PM CDT

Cotton futures settled narrowly mixed Thursday after hitting a one-week intraday high following USDA reports showing healthy U.S. weekly export sales and neutrally construed all-cotton prospective plantings.

Spot May settled off seven points at 88.46 cents, in the lower quarter of its 234-point range from up 174 points at 90.27 to down 60 points at 87.93. May gained 117 points or 1.3% for the week, 317 points or 3.7% for the month and closed with a continuation gain for the year of 18%.

July eked out a one-point daily gain to 89.81 cents, trading from 91.58 to 89.20 cents, and ...

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