# Softs Report 09/30/2024 - Market InsightsMarket Insights

> Cotton futures closed slightly lower in the week to September 27 as stressful weather continued in southern US growing areas. Demand has been weaker this year, with concerns about Bangladesh and China, while traders hope for improved demand at lower prices.

- Date: 2024-09-30 · published 2024-09-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28423-softs-report-09-30-2024-market-insightsmarket-insights
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Cotton's price weakness and weak demand point to continued pressure on cottonseed availability and value. Cottonseed meal prices could follow cotton's direction.

## Read by commodity

- CSM: bearish ▼

## Sources

- blog.pricegroup.com: https://blog.pricegroup.com/2024/09/30/softs-report-09-30-2024/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.