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December corn futures closed limit down 25 cents at 392 cents a bushel after a WASDE report failed to cut US corn acreage and yields as expected. The contract slipped further to 387 cents early Tuesday, with some analysts seeing a possible drop to 330 cents.
Lower North American grain prices could open the door for imports into Australia if local prices rise, while the sharp US decline reinforces bearish global feed grain pricing.
farmonline.com.auGregor Heard13 ago 2019Tras 1102 eventos bajista de informe pasados, Maíz se movió una mediana de -0,2 % en 5 sesiones (47% al alza; mitad central entre -1,8 % y +1,3 %), y +0,0 % en 20.
Tras 406 eventos neutral de informe pasados, Trigo (SRW) se movió una mediana de -0,2 % en 5 sesiones (47% al alza; mitad central entre -1,6 % y +1,5 %), y +0,0 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
December corn closed limit down 25 cents on Aug 13 after USDA's surprise report left acreage and yield higher than expected, the main driver of the 5-day drop.
December corn closed limit down 25 cents after the surprise USDA report, which fits the large one-day drop in corn.
