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Cotton was trading at 86 cents per pound on June 25, down 11 cents from its 52-week high but 20 cents above the year low. Arkansas farmers are planting about 480,000 cotton acres in 2018, an 8% increase.
Rising cotton acreage and recovering prices mainly affect fiber markets, with only a modest indirect effect on cottonseed supply for feed.
talkbusiness.netGeorge JaredJun 26, 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.
