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The National Cotton Council reminded ginners that accurate, prompt responses to the USDA Cotton Ginning Report price request are critical. The reported price should reflect net cottonseed value to the producer, since it feeds into farm program payment calculations.
This is an administrative reporting reminder about survey accuracy and does not signal a change in cottonseed supply or demand.
tcga.orgSep 17, 2019Not 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.
