NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Thu Dec 18, 2014 02:54 PM CST

Cotton futures chopped back and forth within a range established in spot March by early morning and finished with a modest gain Thursday in the face of lower-than-expected U.S. weekly export sales.

March settled up 17 points to 60.82 cents, trading within an 81-point range from down 47 points at 60.18 to up 34 points at 60.99 cents. It closed on the plus side for the second straight session and the fifth time in the last six.

May and July both rose 23 points to 61.39 and 62.10 cents, respectively, whole new-crop December edged up 13 points to 64.56 cents.

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