DJ MARKET TALK: ICE Cotton Futures Settle Down 1.44 Cents

1520 EST [Dow Jones]--Cotton futures on the ICE Futures U.S. exchange for
December delivery settled down 1.44 cents or near 1% at $1.4421 a pound in a
day of bouncing between a high of $1.5000 a pound and a low of $1.4355 a pound.
Mike Stevens, a cotton analyst with SFS Futures in Mandeville, La., said the
price difference between the March contract and the December contract caused
much of the move, with traders rolling out of the December contract and into
the lower-priced March contract. The March contract settled off 1.93 cents or
1% at $1.3918 a pound Thursday.