NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Wed Sep 18, 2013 03:01 PM CDT

Cotton futures surged to a new high for the move and settled near there Wednesday at the highest finish in a month.

Benchmark December settled up 110 points to 85.54 cents, its highest close since Aug. 20 and just off the high of its 148-point range from down 33 points at 84.11 to up 115 points at 85.59 cents. October closed up 96 points to 85.73 cents and March up 99 points to 85.14 cents.

Federal Reserve officials kept their monthly $85 billion bond-buying program intact, saying they wanted to see more evidence that the economy can sustain improvement before ...

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