Futures contracts of cottonseed oilcake on NCDEX declined for the third straight day and hit a fresh 17-month low of 1,768 rupees per 100 kg due to tepid demand. Cheaper alternatives for cattle feed has hit demand for cottonseed oilcake. Weakness in cotton contracts on MCX also weighed on prices of cottonseed oilcake. The most active June contract of cottonseed oilcake on NCDEX was at 1,777 rupees per 100 kg, down 1.4% from previous close. In Akola, cottonseed oilcake sold for 1,975 rupees per 100 kg, down 10-20 rupees from previous close.