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Texas agricultural leaders are watching whether incoming USDA Secretary Sonny Perdue will designate cottonseed as an oilseed eligible for farm bill programs. State Agriculture Commissioner Sid Miller called cotton a priority for Texas.
Possible covered-commodity status for cottonseed is a policy question that could support cottonseed value over time, but no decision has been made and the effect on meal prices is speculative.
dtnpf.comApr 24, 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.
