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The USDA's August WASDE raised the 2022/23 US soybean yield to 51.9 bu/acre from 51.5 and lifted production to 4.53 billion bushels. Ending stocks were raised to 245 million bushels, while the season-average soybean price was cut 5 cents to $14.35 per bushel.
Soybean meal and oil price forecasts were left unchanged.
Bigger US supplies and higher ending stocks point to softer soybean prices, and the lower season-average price forecast confirms the market's bearish read. Meal and oil forecasts were unchanged, so the report offers no new price signal for those products.
krishijagran.comAbhijeet Banerjee22 ago 2022Tras 788 eventos bajista de informe pasados, Soja se movió una mediana de -0,3 % en 5 sesiones (47% al alza; mitad central entre -2,0 % y +1,5 %), y -0,9 % 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.
