# Reduced Cottonseed Supply Sends Cottonseed Oil Values Higher - The Jacobsen

> Cottonseed oil prices are rising to multi-year highs, with November averaging 46 cents per pound and December trading near 49 cents in the first half. A smaller West Texas cotton harvest and dairy buyers bidding up whole seed have left crushers short of oil, while strong global vegetable oil prices add support.

- Date: 2020-12-16 · published 2020-12-16T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/49761-reduced-cottonseed-supply-sends-cottonseed-oil-values-higher-the-jacobsen
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Tighter cottonseed oil supply and a firm global vegetable oil complex point to higher oil prices and firmer prices for related fats, which raises feed fat costs for buyers.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Sources

- thejacobsen.com: https://thejacobsen.com/2020/12/16/reduced-cottonseed-supply-sends-cottonseed-oil-values-higher/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.