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Indian animal feed producers have asked the state-owned Cotton Corporation of India to release cottonseed stocks, as feed prices have increased. CCI has bought 3.1 million tons of cotton so far this season, and cottonseed prices are up from December.
Holding back cottonseed keeps raw material supply tight for feed makers and supports cottonseed meal prices. A release would ease feed costs.
yaonutrition.comFeb 16, 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.
