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Beef producers in NSW were advised to limit cottonseed to 30 per cent of drought ration intake because of its high oil content, which can disrupt rumen function. Cottonseed is selling for about $275-$295 a tonne as drought-hit producers seek cheaper supplementary feed.
Strong drought-driven demand for cottonseed as a cheaper fodder substitute for grain and hay supports cottonseed prices, though feeding limits cap how much can be used.
Not enough comparable past events yet for a historical read.
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.