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A monthly cottonseed pricing report says the Midsouth benchmark cottonseed price rose 13% from $150 per ton in early February to $170 in early March. Several supportive developments in March shifted the outlook from neutral-to-bearish toward near-term upside.
The report says the feeding industry's alternative feed ingredient values still set the price floor.
Higher cottonseed prices raise feed costs for buyers who use it as a protein and fat source. The rally suggests the earlier downside outlook has reversed in the near term.
wholecottonseed.comdevadminApr 5, 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.
