DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Wed Aug 14, 2013 02:53 PM CDT

Cotton futures settled with slight losses Wednesday, trading rather indecisively inside previous-session ranges after momentum had reached overbought readings.

Benchmark December settled off 17 points to 91.55 cents, in the lower half of its 145-point range from up 74 points at 92.46 to down 71 points at 91.01 cents. March dropped 55 points to 88.95 cents.

U.S. export sales to be reported by USDA at 7:30 a.m. CDT Thursday are expected to be lackluster. The report will be for the week ended Aug. 8 when closing prices for December futures ranged from 84.98 to 89.25 cents ahead of USDA's updated ...

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