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The Cotton Board approved a $100,000 increase to Cotton Incorporated's 2017 cottonseed marketing budget, raising it to $700,000. The extra funds will pay for a fall campaign promoting whole cottonseed as a dairy feedstuff, after a large crop and the closure of some oil mills pushed prices down.
A larger promotional push aims to lift dairy demand for whole cottonseed and stabilize prices, though the amount is small relative to the market.
cottonboard.orgAug 23, 2017Not 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.
