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The Farm Bureau analysis describes a Senate fiscal 2018 appropriations provision that would make cottonseed eligible as a Title I covered commodity for PLC payments starting with the 2018 crop year. The change follows cotton's removal from Title I after a 2009 WTO ruling.
Making cottonseed eligible for price support could sustain cotton acreage and cottonseed supply, but the policy is still a proposal and its price effect on feed is indirect.
fb.orgJohn Newton, Ph.D.Aug 7, 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.
