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
  • Dealing with Diplodia After the latest spate of wet, cool weather in parts of the Midwest, plant pathologists are urgin...
  • Year-Round Cow Kelly Smith believes fetal programming through good nutrition for dams yields better steers and h...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Cash Will Be King Years of $6-and-up corn couldn't last forever. Some proactive grain farmers are bolstering their ...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • COOL Appeal Likely in 2015 Agriculture Secretary Tom Vilsack said the U.S. might not file an appeal of the country-of-origin...
  • Ask the Taxman by Andy Biebl Readers ask if they can offset futures losses against cattle income, roll hedges forward tax-free...
  • Ranch Hands Two families take different approaches to building income from trail rides, roundups and real-lif...
  • Ask the Vet Why isn't my flea and tick control for dogs working?
Related News Stories
(none currently available)