# Cotton Marketing News:  Has Cotton’s Downturn Bottomed Out? | Panhandle Agriculture

> December 2024 cotton futures fell about 11% from early April to mid-May, to lows near 74-75 cents, before recovering to 78-79 cents. The University of Georgia economist says the decline was driven largely by speculative selling and profit-taking, with some demand concerns.

- Date: 2024-05-24 · published 2024-05-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30374-cotton-marketing-news-has-cotton-s-downturn-bottomed-out-panhandle-agriculture
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Weak cotton prices and reduced planting incentives can lower cottonseed output, a small supporting factor for cottonseed meal prices over time.

## Read by commodity

- CSM: neutral

## Sources

- nwdistrict.ifas.ufl.edu: https://nwdistrict.ifas.ufl.edu/phag/2024/05/24/cotton-marketing-news-has-cottons-downturn-bottomed-out/

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