ICE cotton futures rebounded, with the December contract closing at 78.11 cents per pound, up 1.07 cents. The March contract closed at 81.96 cents, up 1.06 cents.
The Cotlook A Index fell 0.5 cents to 88.90 cents, and the Cotton Association of India forecast 2026/27 production down 777,000 tons.
The Indian production forecast cut supports cotton prices and reduces the supply of cottonseed available for crushing into cottonseed meal. Feed buyers may see slightly firmer cottonseed meal prices, but the daily move is small.
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.