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Midsouth benchmark cottonseed prices rose $11 per ton to $178 in May 2018, their highest since September. The Midsouth had bottomed near $145 during the ginning-season glut and has been slowly recovering.
Higher cottonseed values support the cost of cottonseed meal used in feed rations, and a normalizing forward curve suggests firmer feed-ingredient pricing ahead.
wholecottonseed.comdevadminJun 27, 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.
