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Indian feed manufacturers have asked the state-run Cotton Corporation of India to release cottonseed stocks, as animal feed prices have risen. CCI has extracted over 200,000 tons of cottonseed that has not yet reached the market, and cottonseed prices have climbed to about $40 per quintal from $34 in December.
Holding back cottonseed tightens supply for feed millers and supports cottonseed meal prices. Releasing the stocks would ease both cottonseed oil and feed prices.
allaboutfeed.netjagdish kumarFeb 12, 2020
foodagribusiness.worldJagdish KumarFeb 12, 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.
