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A Chinese processor in Shandong is producing dephenolized cottonseed protein, along with cottonseed oil, linters and meal. The company says the protein can replace soybean meal, corn protein meal and fishmeal in feed.
Wider use of cottonseed protein as a feed ingredient could add modest competition to soybean meal and fishmeal. The effect on prices is limited at this stage.
Not 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.