DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Tue Jan 21, 2014 03:25 PM CST

Cotton futures surged to the highest price since Aug. 20 and settled with triple-digit current-crop gains Tuesday, extending a string of higher closes to six in a row.

Spot March settled up 133 points to 88.13 cents, trading within a 208-point range from down 45 points at 86.35 cents to up 163 points at 88.43 cents. It finished above highs of the previous 21 weeks.

Talk continued to circulate about another big U.S. weekly export sales report on Friday amid ongoing concerns about tight domestic supplies.

The May contract gained 135 points to 88.40 cents, July added 155 points to ...

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