DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Fri Feb 27, 2015 03:06 PM CST

Cotton futures finished modestly lower for the day and ahead for the week in most-active May amid end-of-month profit-taking Friday.

May settled off 28 points to 64.93 cents, in the upper third of its 191-point range after tumbling from up 28 points at 65.49 cents to down 163 points at 63.58 cents. It edged up 27 points for the week, its fifth consecutive weekly advance, and gained 491 points or 8.2% for the month.

Maturing March dropped 44 points to close at 64.73 cents, July fell 42 points to 65.22 cents and December eked up five points to 65.85 cents. ...

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