DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Wed Jan 15, 2014 03:05 PM CST

Cotton futures triggered buy stops en route to posting a nine-session intraday high and finishing on a new high close for the move Wednesday.

Spot March settled up 106 points to 84.79 cents, its highest close since Oct. 17 and just off the high of its 126-point range from down 10 points at 83.63 to up 116 points at 84.89 cents.

The May contract gained 92 points to 84.94 cents, July rose 64 points to 84.66 cents and December edged up 15 points to 79.17 cents.

Volume totaled an estimated 21,300 lots, about the same as the 21,316 lots the ...

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