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Cottonseed is primarily sold for dairy feed, with dairy cows consuming more than half of US production. The rest is mostly crushed for oil, and 5 to 8% is exported.
Cottonseed's value depends on dairy feed demand and crush margins, so butterfat premiums in high milk price periods support cottonseed prices.
farmprogress.comWhitney ShannonDec 6, 2024Not enough comparable past events yet for a historical read.
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.
