NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Thu May 9, 2013 03:51 PM CDT

Cotton futures rallied from early losses to settle Thursday with modest gains and a new high close since early April.

Spot July settled up 24 points to 87.92 cents, in the upper third of its 179-point range from down 107 points at 86.61 to up 72 points at 88.40 cents. This was its highest close since April 5.

December also closed up 24 points, settling at 87.01 cents to finish in the upper reaches of its 130-point range from 85.95 to 87.25 cents.

Volume slipped to an average of 21,200 lots from 26,000 lots the previous session when spreads totaled ...

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)