NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Tue Feb 25, 2014 03:07 PM CST

Cotton futures tumbled to steep losses Tuesday, with old-crop deliveries losing ground to new-crop contracts.

Most-active May shed 195 points to settle at 87.35 cents, triggering sell stops on the way down and closing in the lower third of its 302-point range from up 27 points at 89.57 to down 275 points at 86.55 cents.

May had nearly halved a surge to a new intraday high for the move above 90 cents on Monday and had finished 18 points below its prior high settlement last Tuesday.

Maturing March closed down 170 points to 86.22 cents, July lost 156 points to ...

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