Newbie in futures here: What happened to Cotton the 20/06/2014?

[Hiperfly]

It's very simple. We rolled off the July to the Dec contract. July is in delivery now and is still trading at 80 to 81. Dec is around 74. The answer to this question could have been solved through deduction by observing the cotton ETF (BAL) which had no such drop.

Cut him some slack. I made the same kind of mistakes when I first started too and I bet you did as well.

OP, depending on how your charting service charts the roll from one month to another it can appear you have a large drop when really nothings changed.

Thanks for your answers, this was exactly what I was expecting.

Im not too much into the futures issues of contracts and stuff, I come from forex and equities and I have too much to read yet.

Thanks again!