DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Fri Apr 26, 2013 03:05 PM CDT

Cotton futures settled higher on light volume Friday as nearby contracts finished above the prior day's highs.

Benchmark July gained 102 points to close at 84.25 cents, near the high of its 102-point range from up nine points at 83.32 on the opening overnight to up 125 points at 84.48 cents.

Maturing May closed up 92 points to 82.25 cents and December edged up 30 points to 83.58 cents. December closed just above the midpoint of its 90-point range after hitting a new low for the move at 83 cents.

The market lost ground for the fourth week in a ...

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