NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Fri Aug 23, 2013 03:10 PM CDT

An upside probe lost momentum just above the prior-day high, basis benchmark December, and cotton futures touched the low in the late going to close a brutal week for the bulls with mostly slight losses Friday.

December closed off 10 points at 84.08 cents, near the low of its 130-point range from up 105 points at 85.23 to down 25 points at 83.93 cents. It edged four ticks above Thursday's high and held a couple of ticks above Thursday's low.

Thinly traded October settled up 29 points to 84.24 cents, the only 2013-14 crop year contract on the plus side, ...

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