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Ginner Randy Ainsworth of Frogmore, Louisiana, describes a 2017 season hurt by spring rain delays and August rains that cut his ginned bales well below expectations. He says the drop in cottonseed prices added to the financial strain on the operation.
Weak yields and lower seed prices squeeze gin margins and can reduce cottonseed supply, though this is a retrospective account with little immediate price impact.
farmprogress.comDavid BennettMar 15, 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.
