Cottonseed Pricing Report: February 2018
• Posted in Pricing Reports
Report preview:
US spot prices around $200 per ton are near their lowest levels since late calendar year 2007 and well off their highs of over $450 recorded during summer 2014. The tertiary impacts of low market carry include an easing of end-user buying interest, as end users tend to view a lower risk premium in a flat forward curve. That has tamped down new-crop transaction volumes, which had experienced a momentary increase during February.