NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Tue Aug 20, 2013 03:10 PM CDT

Cotton futures plunged as much as the 400-point daily limit Tuesday, triggering sell stops on the way down as speculators and funds were seen bailing out of recently established longs.

Benchmark December hit limit down at 88.86 cents around 10:35 a.m. CDT and remained there the remainder of the session. Thinly traded October also closed limit down at 88.76 cents and March shed 372 points to close at 86.28 cents.

Volume climbed to an to an estimated 25,100 lots from 15,620 lots the previous session when spreads totaled 4,051 lots or 26%, EFS 1,308 lots and EFP 33 lots. Options ...

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