NEWS
DTN Closing Cotton Commentary
Duane Howell DTN Contributing Cotton Analyst
Fri Dec 19, 2014 02:48 PM CST

Cotton futures settled narrowly mixed on light volume Friday, with spot March eking out a small gain to close at a new five-week high finish for the second straight session on narrow-range, inside-day and inside-week price action.

March closed up seven points to 60.89 cents, just off the high of its 65-point range from down 51 points at 60.31 to up 14 points at 60.96 cents. It gained 35 points for the week, trading within a tight 164-point band inside the prior week's 209-point range.

March has posted three consecutive higher weekly lows since hitting its contract low at 58.53 ...

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