USDA cut its 2026 US cotton production estimate by 267,000 bales to 13.175 million, lowering the yield estimate by 15 pounds per acre to 775. Cotton futures nevertheless traded 11–18 points lower at midday, while ginning through November 1 was at a three-year low for that point in the season.
Lower cotton output could reduce the supply of cottonseed and related feed ingredients, lending modest support to their prices. The article reports no direct price move for those feed products.
Not enough comparable past events yet for a historical read.
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.