A University of Georgia dairy scientist found that cotton cake, a cottonseed meal product, works as a protein supplement in lactating dairy cattle diets. Milk output and composition were comparable when it replaced some soybean meal.
Demonstrated substitutability of cottonseed meal for soymeal widens feed options for US dairy buyers when soybean meal prices rise. The effect on prices is limited because this is a research result rather than a market event.
Not enough comparable past events yet for a historical read.
After 250 past neutral report events, Soybean Meal moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% over 20.
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.