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Mato Grosso cottonseed prices averaged R$718.40 per tonne in October, down 5.54% from September and 23.76% year over year. Faster cotton processing has increased cottonseed availability, while weak buying has outweighed the effect of lower production compared with the previous crop.
Rising local supply and soft demand are weighing on cottonseed prices, with further weakness expected unless consumption improves. This can lower costs for feed users of cottonseed products.
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.