DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Thu Oct 24, 2013 03:06 PM CDT

Cotton futures extended steep losses on what some viewed as mainly a continuation of long liquidation Thursday, finishing at a new nine-month-plus low in a second day of hefty dealings.

Spot December shed 148 points to settle at 79.21 cents, in the lower quarter of its 209-point range from up 16 points at 80.08 cents to down 193 points at 78.76 cents. It set the day's range in early morning and settled at its lowest close since Jan. 18.

March lost 147 points to close at 80.80 cents, trading from up five points at 82.32 to down 172 points at ...

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