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USDA's October outlook puts 2020 US cotton production at 17.0 million bales, down 14% from last year. Whole cottonseed available for feed is estimated at 3.3 million tons, about 600,000 tons less than last season, mostly going to dairy rations.
A smaller whole cottonseed supply tightens a feed ingredient used in dairy rations, which may support demand for substitute fibre and protein feeds.
feedandgrain.comDec 3, 2020Not 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.
