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USDA export sales for the week ending December 31 hit marketing-year lows for soybeans and sorghum, with China the biggest buyer but offset by cancellations from unknown destinations. Wheat sales were down 47% from the prior week, and corn sales fell 22%.
Soybean physical shipments were above projected needs for the marketing year.
Net cancellations and weaker weekly sales reduce near-term export demand for soybeans and sorghum, which is bearish, although China's strong buying continues to support the trade. The holiday week partly explains the weakness.
brownfieldagnews.com7 ene 2021Tras 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.
Todavía no hay suficientes eventos comparables pasados para una lectura histórica.
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.
