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Georgia Cotton Commission representative Richey Seaton said work continues on a cottonseed initiative to secure support for producers. The effort seeks cottonseed designation before cotton returns to Title 1 in the 2018 farm bill.
A cottonseed designation would support producer income and planted area, a long-run supply factor for cottonseed meal with no immediate price effect.
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.