DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Fri Aug 16, 2013 02:57 PM CDT

Cotton futures extended bullish momentum from this week's crop and supply-demand reports to finish on a new high close for the move for the second straight session Friday.

Benchmark December closed up 153 points to 93.32 cents, in the upper quarter of its 211-point range from down 18 points at 91.61 to up 193 points at 93.73 cents. March settled up 108 points to 90.04 cents.

December widened its settlement premium to March to a new high at 328 points after trading out to 384 points. It advanced 439 points for the week, while October gained 435 points and March ...

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