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Indian cottonseed producers may face supply tightness for the coming kharif season after abnormal rains cut seed production in Telangana by about 25%. Farmers are expected to expand cotton acreage above the usual 12 million hectares, supported by higher raw cotton prices.
Tighter Indian cottonseed supply and a shift toward cotton acreage could reduce domestic cottonseed meal output over time, though the impact on global feed prices is limited.
tannochbrae.orgPricilla BlombergApr 4, 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.
