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An article for students explains that the FDA approved TAM66274 genetically modified cotton in October 2019 for use as human and animal food. The cotton was modified by Texas A&M researchers to reduce gossypol in the seed.
Approval of low-gossypol cottonseed for food and feed could widen uses of cottonseed beyond current cattle feed, which may affect cottonseed meal supply over time. The approval is not an immediate price driver.
farmbilllaw.orgKerri KrippelJan 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.
