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ICE and Zhengzhou cotton futures dipped and then rebounded during Nov. 2–6, while the price spread between Chinese and foreign cotton fluctuated widely.
U.S. cotton export sales were ahead of the same period last year, though still below the pace of prior years.
The update describes cotton-market movements and export-sales comparisons but gives no direct new feed-commodity supply or demand driver. No material feed-price implication is indicated.
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.