NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Tue Oct 22, 2013 02:46 PM CDT

Cotton futures settled with a moderate loss at the session low and another new low close for the move on thin volume Tuesday.

Spot December closed down 61 points at 82.45 cents, a tick off the low of its narrow 67-point range from up five points at 83.11 to down 62 points at 82.44 cents. This was its lowest close since Sept. 5. March settled off 53 points to 83.72 cents.

Generally favorable U.S. harvesting weather and reinforcement for a bumper crop outlook in India weighed on sentiment, analysts said. Export inquiries appeared quiet.

Volume slowed to an estimated 11,900 ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories
(none currently available)