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Cottonseed oil and cottonseed meal prices fluctuated over October 9-22, 2023, with futures and spot prices mostly falling after the holiday. Demand was weak and downstream buyers were cautious, while limited new-crop cottonseed supply kept costs high.
Oil mills were running slowly because they struggled to make a profit.
Weak meal demand and falling spot prices point to softer cottonseed meal values for feed buyers, though high seed costs limit how far prices can fall.
sjfzxm.comOct 25, 2023Not 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.
