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Australian cottonseed faces limited export demand for the 2017 crop despite a strong season, as international stocks of competing ingredients and low prices dampen bulk interest from the US and China. Containerised exports to Asia are moving, but bulk demand from China's dairy and crushing sectors and the US West Coast dairy sector is absent.
Weak export demand and cheap competing oilseeds and feedgrains keep cottonseed values under pressure, with domestic feedlot and dairy demand offering the main support.
graincentral.comHenry WellsJun 8, 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.
