NEWS
Weekly Cotton Comments
Duane Howell DTN Contributing Cotton Analyst
Fri Mar 27, 2015 05:38 AM CDT

An approaching prospective plantings report and expected rolling of fund longs from May contributed to restraining follow-through momentum in either direction this week as cotton futures eked out small gains.

The market digested a report showing another batch of solid export sales and took in stride end-of-season ginning data that slightly exceeded the last crop estimate.

Spot May edged up 13 points for the week ended Thursday to close at 63.08 cents, July gained 18 points to 63.50 cents and December rose by 22 points to 64.33 cents. May surged to a triple-digit closing gain on Monday and then consolidated ...

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