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A USDA Agricultural Marketing Service cotton market review reports spot quotations averaging 197 points higher than the prior week. ICE futures settled at 133.20 cents, down from 135.69 cents the previous week.
Routine weekly price moves in cotton have no direct bearing on feed ingredient supply or prices.
pdf4pro.comJan 17, 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.
