NEWS
Weekly Cotton Comments
Duane Howell DTN Contributing Cotton Analyst
Fri Nov 21, 2014 05:41 AM CST

Bracing for the December delivery notice period, cotton futures slipped to a new five-year low spot price this week.

Spot December lost 109 points for the week ended Thursday to finish at 58.54 cents, a new contract low close, while most-active March eked up 11 points to settle at 58.86 cents, 29 points from its contract low.

A sharp reduction in December's open interest -- down to 3,585 lots going into Thursday's session -- likely extinguished any potential fireworks as first notice day loomed on Friday. December posted a new contract low at 57.84 cents, lowest spot price since September ...

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