Loading…
Cottonseed oil and cottonseed meal trading was thin over the two weeks reported, with low processing rates at oil mills. Cottonseed prices rose on limited supply and firm seed cotton stocks, while soybean oil futures and spot rose, supporting cottonseed oil recovery.
Limited cottonseed supply and higher soybean oil values keep crush economics costly, which limits meal output and leaves meal prices steady. Feed buyers should expect little near-term relief in cottonseed meal supply.
sjfzxm.comJun 9, 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.
