# Cottonseed prices itself out of summer rations - Grain Central

> Spot cottonseed for prompt delivery to southern Queensland feedlots is quoted at $720 per tonne, up from about $600/t in August. Strong Chinese export demand, with nearly 500,000 tonnes shipped year to date, and grazier demand in NSW and Queensland have tightened seed stocks. Feedlots are switching part of their rations to canola meal until new-crop cottonseed arrives.

- Date: 2023-11-09 · published 2023-11-09T12:00:00.000Z
- Category: trade · region Australia · magnitude low
- Page: https://feedsoft.ai/events/33297-cottonseed-prices-itself-out-of-summer-rations-grain-central
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Tight current-crop supply and export pull keep cottonseed firm, and the premium over new-crop values makes it less competitive for feedlot rations. Buyers may substitute canola meal in the meantime.

## Read by commodity

- CSM: bullish ▲
- CANMEAL: bullish ▲

## Sources

- beefcentral.com: https://www.beefcentral.com/lotfeeding/cottonseed-prices-itself-out-of-summer-rations/
- graincentral.com: https://www.graincentral.com/markets/cottonseed-prices-itself-out-of-summer-rations/

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