DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Tue May 7, 2013 03:02 PM CDT

Cotton futures set the range for the session in the wee hours of overnight dealings and traded warily to a slightly mixed close Tuesday.

Benchmark July closed down a modest 24 points to 87.15 cents, near the high of its 193-point range from up six points at 87.45 to down 187 points at 85.52 cents.

Maturing May, facing its last trading day on Wednesday, settled up 70 points to 86.01 cents, while new-crop December eked out a two-point gain to close at 85.97 cents.

Volume increased to an estimated 18,400 lots from 13,429 lots the previous session when spreads accounted ...

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)