NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Thu May 21, 2015 02:41 PM CDT

Cotton futures retreated from early gains to finish in the red Thursday, extending the losing streak in spot July to four in a row.

July settled down 42 points to 63.73 cents, near the low of its 131-point range from up 78 points at 64.93 to down 53 points at 63.62 cents. It nudged just above the prior-day high before retreating and closing at a new low settlement since April 22.

December closed down 27 points to 64.70 cents, trading within an 87-point band from up 48 points at 65.45 to down 39 points at 64.58 cents.

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