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US cotton futures traded above 78 cents per pound after weekly export sales rose 28% from the prior week. Gains were limited by a faster-than-average US harvest and stronger Brazilian exports, which rose 25.3% year over year in October.
Improved US export sales support demand, but new-crop availability and Brazil’s growing export competition are bearish influences on cotton prices. The article gives no clear direct feed-commodity price impact.
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.