Weekly Cotton Comments
Duane Howell DTN Contributing Cotton Analyst
Fri Apr 18, 2014 05:35 AM CDT

Old-crop deliveries have advanced after two straight weekly losses and new-crop contracts have posted new seasonal highs in cotton futures in a holiday-shortened trading week.

Most-active July advanced 189 points from the previous Friday's close to finish Thursday at 92.34 cents, while soon-to-mature May gained 115 points to close at 90.17 cents. December settled up 47 points on its high at 91.94 cents, highest since June.

With the market closed Friday in observance of Good Friday, only three trading sessions remain until first notice day for May deliveries. May traded at discounts to July as wide as 223 points, a ...

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