NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Tue Apr 22, 2014 02:53 PM CDT

Old-crop cotton futures finished with triple-digit gains, led by soon-to-mature May, and December settled on a new high close for the move Tuesday.

Most-active July gained 104 points to close at 93.25 cents, its highest finish since March 31 and the upper quarter of its 134-point range from down six points at 92.15 cents to up 128 points at 93.49 cents.

May closed up 132 points to 91.01 cents, a 224-point discount to July, while December settled up 50 points to 82.49 cents, highest since June 17, 2013. First notice day for May is Thursday.

Export inquiries after two days ...

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