NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Wed Jun 26, 2013 04:02 PM CDT

Cotton futures, unable to gain upside traction, skidded to sharp losses in light dealings and closed near the lows Wednesday.

Most-active December closed off 125 points to 83.70 cents, ten ticks off the low of its 139-point range from up four points at 84.99 to down 135 points at 83.60 cents. Maturing July fell 141 points to 83.68 cents.

Volume slowed to an estimated 10,900 lots from 17,204 lots the previous session when spreads totaled 2,814 lots or 16% and EFP 20 lots. Options volume totaled 2,093 calls and 1,347 puts.

Traders looked ahead to USDA's weekly export sales-shipments report ...

Quick View
  • Dodge Down Corn Conditions have been right for stalk rot and ear molds in corn in many parts of the Midwest this ...
  • Cows That Last If you've priced replacement heifers lately, or even just added up all the costs of raising your ...
  • Chrysler: What's New for 2015 Here's something you don't want to do at a media event for seasoned automotive journalists from a...
  • Farm Investors Welcome Why own farms when you can own shares in a farmland pool? The advent of agriculture's first real ...
  • Rents Resist Price Relief Growers in bellwether corn states expect to make money on bushels -- not price -- in 2014, farm m...
  • GE Critics Range as Skeptics An ad-hoc committee of 18 scientists is tasked by the National Research Council with examining th...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl helps readers wrestle with reality of health insurance costs, congressional inacti...
  • Ag Innovation Showcase At the sixth annual Ag Innovation Showcase in St. Louis this week, start-ups in search of investo...
  • Ask the Vet At what age should a cow be culled?
Related News Stories
China Battles Big Cotton Reserves