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An Iranian official said the country is now self-sufficient in cottonseed and can export it. The Cotton Research Institute has commercialized 12 cotton varieties, and cotton is grown on more than 70,000 hectares.
Iranian self-sufficiency and potential exports could add a small amount of cottonseed supply to regional feed markets, with little effect on global prices.
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.