Loading…
The National Cotton Council's outgoing chairman Shane Stephens said cottonseed was denied inclusion in the farm bill's Title 1 and that USDA provided $330 million in ginning cost assistance. The council will keep pushing for long-term cotton support with the new Congress and administration.
Continued uncertainty over cottonseed support may affect long-term cotton planting and cottonseed supply. The news is an update on policy lobbying with no immediate price effect.
farmprogress.comRon Smith 1Feb 16, 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.
