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US cotton futures settled lower for a third straight session on November 12 as a stronger dollar and fund rollovers from December into March weighed on prices. The December contract fell 0.22% and March eased 0.15%.
Trading stayed range-bound despite heavy volume, with USDA estimates giving limited direction.
Mostly financial and currency-driven moves with little change in physical supply, so the effect on cottonseed feed costs is minimal.
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.