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USDA's NASS forecasts 2016 US cottonseed production at 5.1 million tons, up 13.3% from 4.5 million in 2015. Roughly 3.2 million tons is available for cattle feed, and prices are $60 to $80 per ton lower than a year earlier.
Ample supply of feed-grade cottonseed lowers feed costs for dairy and beef operations, with prices expected to firm seasonally into spring.
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.