NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Fri Sep 27, 2013 02:54 PM CDT

Cotton futures climbed to a five-week high and settled with strong gains Friday as turnover quickened from the slow dealings of earlier this week.

Benchmark December advanced 116 points to close at 86.63 cents, in the upper quarter of its 150-point range from up a point at 85.48 to up 151 points at 86.98 cents. This was its highest finish since Aug. 20. March also gained 116 points, closing at 86.34 cents.

Reports of crop problems in China and India and uncertainties about the size and quality of the late U.S. crop powered the rally. These three countries are projected ...

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