# Morning Softs Comments 10/24/22 | Market Reports | feedlotmagazine.com

> Morning softs commentary from October 24, 2022 says cotton fell as the harvest expanded and traders worried about weaker demand from recession and Chinese lockdowns. The report gives an USDA average cotton price of 79.99 cents per pound and sets chart support and resistance levels.

- Date: 2022-10-24 · published 2022-10-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/39246-morning-softs-comments-10-24-22-market-reports-feedlotmagazine-com
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Cotton is not a feed commodity, and this is routine market commentary. Its only link to feed is that cottonseed meal typically moves with cotton prices.

## Read by commodity

- CSM: neutral

## Sources

- feedlotmagazine.com: https://www.feedlotmagazine.com/market_reports/morning-softs-comments-10-24-22/article_46af30da-53ad-11ed-9a33-bf5f34eec3af.html

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