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The National Cotton Council said USDA's $330 million ginning cost-share payment last summer helped US cotton producers. The council is pushing for a cottonseed policy as a bridge until the next farm bill.
Support payments help keep cotton planted and ginned, which sustains cottonseed supply, but the policy debate has little immediate effect on feed meal prices.
farmprogress.comMar 4, 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.
