NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Wed Jan 22, 2014 02:51 PM CST

Cotton futures rallied from a triple-digit setback to finish with a modest loss Wednesday, snapping a string of six consecutive higher closes.

Spot March finished down 29 points to 87.84 cents, in the upper quarter of its 156-point range from down 156 points at 86.64 to up seven points at 88.20 cents. It traded inside Tuesday's range, touching the low about 8:15 a.m. CST and the high -- matching the high in the wee hours of the overnight dealings -- roughly an hour later.

The May contract dropped 39 points to 88.01 cents, July slipped 24 points to 87.67 cents ...

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