Loading…
Cotton Incorporated reports that USDA's January WASDE estimates US cotton production at 14.7 million bales, down 16% year on year. Harvested acres fell to the lowest since 2013, though the fiber yield per acre is expected to set a record.
Lower cotton output reduces whole cottonseed availability in the Southwest and West, so cattle producers there may need to source feed from other regions at higher cost.
wholecottonseed.comdevadminFeb 14, 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.
