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A monthly pricing report says USDA and Informa both raised 2018/19 US cottonseed production forecasts in September, by 356,000 and 305,000 tons. Cotton harvest was ahead of the four-year average, and crop conditions improved in late September.
Larger US cottonseed output adds supply to the feed market and can weigh on cottonseed meal values. The bigger effect depends on how much of the extra crop is crushed rather than fed whole.
wholecottonseed.comdevadminOct 2, 2018Not 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.
