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Cotton planted area in Sanliurfa, which produces about 45% of Turkey's cotton, fell about 40% to 1.27 million decares from just over 2 million. Farmers are switching away because of low prices and weak government support, and are pushing for import quotas.
Smaller domestic cotton output increases Turkey's reliance on imports, which can support cottonseed and cottonseed meal values in the feed chain.
tridge.comBesim DonmezSep 21, 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.
