# Low mic cotton threatens profit for some South Plains farmers, tax ref

> Texas High Plains cotton growers face tight margins because low micronaire lowers quality by 5 to 6 cents per pound, offsetting price gains. Cottonseed prices are also down as soybean prices have fallen.

- Date: 2018-01-07 · published 2018-01-07T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/67105-low-mic-cotton-threatens-profit-for-some-south-plains-farmers-tax-ref
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Lower cottonseed prices reduce the value of cottonseed meal and weaken the cotton-side feed supply outlook.

## Read by commodity

- CSM: bearish ▼

## Sources

- farmprogress.com: https://www.farmprogress.com/cotton/low-mic-cotton-threatens-profit-for-some-south-plains-farmers-tax-reform-beneficial-for-many

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.