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Heavy rains have damaged cotton crops across major kapas-growing Indian states, including about 2.75 lakh hectares in the Nashik region. Wet new kapas has delayed the start of the ginning season and the arrival of cottonseed cake supplies.
Lower and delayed cotton and cottonseed supply tightens cottonseed meal availability for feed buyers, which supports cake prices in the near term.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.