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Texas Tech researcher Seshadri Ramkumar reports on conversations with Indian cotton industry leaders about finding new markets and uses for cotton. He notes the largest US cotton crop in 11 years is expected this season, and that cottonseed could be promoted as a food crop.
A large US cotton crop increases cottonseed supply, but this commentary is strategic opinion rather than a new supply or demand event.
Not 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.