NEWS
DTN Closing Cotton Commentary
Darin Newsom DTN Senior Analyst
Wed May 1, 2013 03:24 PM CDT

A look across the commodity landscape Wednesday afternoon shows the carnage created by unchecked noncommercial selling. Cotton was no different, caught up in the tidal wave that dragged most markets sharply lower. If selling continues unabated this week the July contract is in position to establish a bearish technical signal on its weekly chart that would indicated increased pressure in the short-term.

The commercial side of the market stayed on the sidelines for much of the day, though the slight strengthening of the carry in the new-crop December to March spread would hint at a late round of selling from ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Ample Stocks Ahead Drought recovery in many areas has led to higher stocks, brighter production prospects and modera...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 2 Iowa farmland owners Fred and Lodean Cook may consider flexible cash leases for the first time th...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Klinefelter: By the Numbers Deteriorating profit margins flip the fortunes of big renters and conservative owner-operators. I...
  • Training for Sustainability The Hmong American Farmers Association is helping producers who migrated to the United States fol...
  • Ask the Vet What are these crusty scabs on my cattle?
Related News Stories
(none currently available)