NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Fri Oct 18, 2013 02:54 PM CDT

Cotton futures retreated Friday, unable to sustain momentum from the prior day's reversal from a multi-week low and higher close.

Spot December closed off 71 points to 83.11 cents, in the lower quarter of its 157-point range from up 58 points at 84.40 to down 99 points at 82.83 cents. March settled down 65 points to 84.30 cents.

The December high, set overnight, was smack on the 40-day moving average. For the week, December eased 26 points and March eked out an eight-point gain.

Volume rose to an estimated 18,400 lots from 17,881 lots the previous session when spreads accounted ...

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