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Order cancellations from overseas textile manufacturers during COVID-19 have affected over 20 million smallholder cotton farmers in Africa. The Cotton 4 countries report around 70 per cent of 2020 lint still stuck in mills or ports, with quality deteriorating.
This is a background piece on African cotton lint and by-product diversification with little direct effect on feed prices. Any expansion of cottonseed processing would only slowly affect cottonseed meal supply.
Not 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.