DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Fri Jan 31, 2014 02:50 PM CST

Cotton futures finished lower in tight-range trading Friday, snapping a string of three consecutive higher closes.

Spot March closed down 20 points to 85.83 cents, near the low of its 85-point range from down 33 points at 85.70 cents to up 52 points at 86.55 cents. It narrowed its settlement discount to May to 50 points.

March, which traded inside Thursday's range, lost 138 points for the week but still gained 119 points or 1.4% for the month.

May closed down 54 points for the day to 86.33 cents, July slid 70 points to 85.95 cents and December dipped 20 ...

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