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AFB Cotton Close: Market Continues Lower

Ernst Undesser
By Ernst Undesser October 29, 2013

Cotton Comment

December cotton continued lower today. Today’s close could bring support at 77.93 back into play. The market continues to feel the weight of large global supplies and no bullish news to support prices.

        
         

Futures:

High Low Last Change
Dec ’13 78.98 78.29 78.34 -0.31
Mar ’14 80.74 80.09 80.15 -0.30
May ’14 81.39 80.84 80.87 -0.29
Jul ’14 81.91

Memphis, TN Cotton and Tobacco Programs

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Ernst Undesser
By Ernst Undesser October 29, 2013