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Order cancellations from overseas textile makers during COVID-19 have hurt over 20 million smallholder cotton farmers in Africa. Around 70 per cent of 2020 lint from the Cotton 4 countries remains stuck in mills, transit hubs or ports.
The story concerns African lint marketing and value chains rather than feed supplies. Diversifying into cottonseed processing could modestly affect future cottonseed meal availability.
graphic.com.ghGraphic BusinessJul 21, 2021Not 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.
