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Cotton futures closed higher on Thursday, with gains of 12 to 17 points across most contracts. The Dec 26 contract settled at 78.67 cents per pound, and certified ICE cotton stocks rose by 1,190 bales to 76,570.
Export sales data was delayed to Friday because of the Veterans Day holiday.
This is a routine price wrap with no new supply or demand cause. Cottonseed is a feed input, but the move alone does not change feed supply or prices.
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.