DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Thu Apr 24, 2014 03:11 PM CDT

Cotton futures settled with moderate gains beyond maturing May in light trading Thursday, supported partly by old-crop weekly export sales and ongoing dry soils in the Texas High Plains.

Benchmark July gained 56 points to close at 93.20 cents, in the upper third of its 112-point range from down 24 points at 92.40 to up 88 points at 93.52 cents.

December posted a new high close for the move, gaining 41 points to settle at 82.77 cents, eight ticks off the high of its 82-point range from down 33 points at 82.03 to up 49 points at 82.85 cents.

Maturing ...

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