Cottonseed Pricing Report: June 2018
• Posted in Pricing Reports
During June, the market focused on the continuing drought in the US Southern Plains; the announcement of further, extensive US tariffs on major trading partners and the subsequent, heavy retaliatory tariffs on US products shipped overseas; and continued weakness in the dairy industry.
Price action was muted during June as trading volumes remained seasonally light. Midsouth cottonseed prices were mostly unchanged around $170 per ton, while cottonseed meal values in the region remained supported and unchanged around $263 per ton after declining from its brief but powerful rally in March.