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Australian cotton seed stockfeed supplies may run out by November as ginners stop selling to new clients and some impose interim sales bans. Drought-hit graziers are bidding prices up from about A$350 a tonne to over A$450 a tonne.
Drought-driven feed shortages are pushing up cottonseed feed prices and squeezing graziers, which supports prices for substitute feed ingredients.
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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.