NEWS
DTN Closing Cotton Commentary
Darin Newsom DTN Senior Analyst
Fri May 3, 2013 02:29 PM CDT

Cotton contracts closed higher Friday though volume seemed to be relatively light. Both the July and December posted modest gains, though the July rallied 1.93 cents for the week while December closed 1.07 cents higher than last Friday.

The new-crop market saw increased commercial buying interest throughout the week, as indicated by the strengthening inverse in the December to March futures spread. Buying in the new-crop market continues to be tied to weather concerns and ideas that US supply and demand will tighten over the course of the 2013-2014 marketing year.

USDA's next monthly report is scheduled for release on ...

Quick View
  • Is Your Burndown Working? A cool, wet spring and the spread of herbicide-resistant weeds mean farmers should take the extra...
  • Gains on Covers It took Jerry Doan several years and a lot of trials, but the North Dakota beef producer has lear...
  • Side-by-Sides and Cool Helmets Side-by-side manufactures continue to roll out new machines and machine updates. Here are two more.
  • Stress Test for Borrowers Farm finances rate an "A" now, but economists debate if that's good enough to handle a major corr...
  • Senators Question EPA A group of U.S. senators Wednesday told President Barack Obama that his administration has not fo...
  • Climate Work Ahead at USDA Ag Secretary Tom Vilsack spoke about GOP complaints regarding the Obama administration's work wit...
  • Full-Circle Farming Bill Couser sees farming as a full circle. If it comes off the farm, it can go back into the farm.
  • Making the Grade What if corn isn't cheap the next five years? Fickle price projections can sway farm bill choices.
  • Ask the Vet What's my best bet for fly control?
Related News Stories
(none currently available)