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Tri Watkins, outgoing SCGA president and operator of Rabbit Ridge Gin in Arkansas, reviewed a 2016 season with higher cotton acres but weather setbacks from August rain. He expects cotton acreage to rise again in 2017 because other crops look weak.
Expected cotton acreage growth in 2017 adds to cottonseed supply over time, which is a mildly bearish factor for cottonseed meal, though the effect on feed prices is small.
farmprogress.comDavid BennettMar 9, 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.
