DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Thu Jan 30, 2014 03:36 PM CST

Cotton futures again finished mixed Thursday, with current-crop deliveries closing ahead on robust weekly export sales and traded new-crop contracts settling lower.

Spot March closed up 48 points to 86.03 cents, in the middle of its 156-point range from down 30 points at 85.25 to up 126 points to 86.81 cents. It first hit the high about 15 minutes after release of the weekly export report and touched it several times during the morning.

The May contract gained 63 points to 86.87 cents and July rose 34 points to 86.64 cents, while December slipped 22 points to 76.60 cents.

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