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The August WASDE, released August 11, 2021, cut the U.S. corn yield nearly 5 bushels per acre to 174.6, reducing production 415 million bushels to 14.75 billion. New-crop corn ending stocks fell 190 million bushels to 1.242 billion.
Analysts called the cut a large surprise and noted possible further yield declines.
The smaller corn crop and lower ending stocks point to higher corn prices as the market prices in reduced supply, with the December contract showing a possible bullish breakout.
agweek.comMichelle Rook11 ago 2021Tras 1040 eventos alcista de informe pasados, Maíz se movió una mediana de +0,5 % en 5 sesiones (62% al alza; mitad central entre -0,9 % y +2,0 %), y +0,8 % 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.
