
A Mercedes, Texas cotton grower is working to protect his newly planted crop from bollworm, a moth whose larvae attack cotton fruiting bodies. He cites Texas A&M AgriLife Extension's new warning to Rio Grande Valley farmers about the pest.
He says the crop is off to a good start and that production costs are high, including technology fees and cottonseed prices.
Bollworm infestation could cut Rio Grande Valley cotton output and reduce cottonseed supply. The effect on feed markets is likely small and local at this stage.
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.