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Cottonseed supplies are up about 1 million tons in 2022 after a strong 2021 U.S. cotton season, when upland cotton output rose 25%. Much of the gain came from Texas, which received more moisture.
Whole cottonseed was priced at $305 per ton FOB Memphis.
Larger cottonseed supply eases feed costs for dairy and beef producers and weighs on cottonseed meal values. Management limits on gossypol toxicity still restrict how much can be fed to bulls and young cattle.
dtnpf.comMar 14, 2022Not 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.
