DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Wed Sep 17, 2014 03:30 PM CDT

Cotton futures meandered in light dealings within the overnight range and eked out a marginal closing gain in benchmark December Wednesday.

December closed up 13 points to 65.68 cents, in the lower half of its 80-point range from down 15 points at 65.40 to up 65 points at 66.20 cents. Thinly traded October jumped 162 points to 69.90 cents as cert stocks continued to decline and March gained 19 points to 65.58 cents.

Traders digested news shortly before the close that the Federal Reserve retained guidance that short-term interest rates will remain near zero for a "considerable time" after it ...

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