NEWS
Weekly Cotton Comments
Duane Howell DTN Contributing Cotton Analyst
Fri Oct 17, 2014 10:36 AM CDT

Cotton futures have posted small weekly losses after traders digested monthly forecasts showing a reduction in U.S. ending stocks and a new all-time high in the world carryout amid wild turbulence on Wall Street.

The December delivery eased 38 points for the week ended Thursday to close at 63.56 cents. It hit a high of 65.50 cents just ahead of the supply-demand report, climbed to 65.65 Tuesday, fell to 63.29 cents Wednesday and settled in the lower quarter of the 236-point range.

December posted its highest intraday price since Sept. 18 on tight nearby supplies and stop-and-go harvesting. Fears of ...

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