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USDA's May WASDE report gives the first look at the 2024/25 balance sheets. It projects U.S. corn ending stocks at 2.102 billion bushels, up 4% from 2023/24, and an average corn price of $4.40 per bushel, down 5.4%.
The corn outlook is less bearish than it was at planting, and the projections do not yet account for slow Midwest planting.
A larger projected carryout and a lower season-average price point to softer new-crop corn values. Slow planting could still cut production estimates later and offset some of that pressure.
fb.orgBetty Resnick13 may 2024Tras 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.
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.
