Cargando…
US corn futures fell for a sixth straight session on June 26 as rain continued across Midwest growing areas. Some plants in Iowa, Minnesota and South Dakota declared force majeure because flooded rail tracks prevented grain movement.
July CBOT corn slipped to $4.22 per bushel.
Rail disruptions in the northwest Corn Belt slow grain movement and can widen basis, while the bearish futures reaction reflects ample supplies. Buyers may see cheaper corn futures but tighter local delivery logistics.
fastmarkets.comthe Fastmarkets team27 jun 2024Tras 359 eventos bajista de logística pasados, Maíz se movió una mediana de -0,3 % en 5 sesiones (44% al alza; mitad central entre -1,5 % y +1,5 %), y -0,5 % 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.
Reports corn futures falling for a sixth straight session as Midwest rain persisted, so it confirms the downtrend and weather-premium unwind, but it is dated after the move date.
