DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Mon Feb 8, 2016 03:12 PM CST

Cotton futures more than halved a plunge to a new contract low in spot March to close modestly lower Monday but still settled at the lowest finish in a year, extending Friday's bearish weekly reversal.

March settled down 37 points to 59.60 cents, its lowest finish since late January 2015 after trading within a 137-point range from up 15 points at 60.12 cents to down 122 points at 58.75 cents.

May closed down 24 points to 60.36 cents, July settled down 30 points to 61 cents and December finished down 20 points to 60.88 cents.

Volume remained heavy at an ...

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