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Cotton fell last week as harvest progress advanced and crop conditions were rated 33% good to excellent. Orange production estimates were cut to 61.7 million boxes from 63.5 million, and Florida's crop is down to 10.0 million boxes from 13 million.
Soft commodity moves reflect routine harvest progress and weather, with no major feed-grain or oilseed link. Their price effect on feed buyers is limited.
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.