NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Fri May 22, 2015 02:46 PM CDT

Cotton futures finished modestly lower Friday, pressured partly by U.S. dollar index strength, as traders looked ahead to a holiday weekend.

Spot July settled off 43 points to 63.30 cents, just off the low of its 84-point range from up 39 points at 64.12 to down 45 points at 63.28 cents. It extended its losing streak to five sessions in a row and settled at a new low close since April 22.

December closed down 32 points, also just off the low of its 72-point trading band from up 35 points at 65.05 to down 37 points at 64.33 cents. ...

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