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An agricultural economist reviews the 2023 cotton season, which was disappointing due to a hot, dry summer that cut yields despite hopes for El Niño rains. Whole cottonseed supply constraints in 2023 forced some dairy and beef producers to adjust cattle rations.
Tighter cottonseed supply and weak US cotton yields support higher prices for cottonseed and cottonseed meal as a feed ingredient, pressuring dairy and beef feeders who rely on it.
wholecottonseed.comdevadminDec 11, 2023Not 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.
