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BASF, PhytoGen and Bayer added new cottonseed varieties to their 2021 lineups after on-farm trials. BASF launched one FiberMax and two dicamba-tolerant Stoneville varieties, each with herbicide tolerance and lepidopteran resistance.
New cotton genetics have little near-term effect on feed grain or meal prices, as the change is incremental seed portfolio news.
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.