
Wheat led a grain and livestock rally on Monday, with gains of 11 to 19.5 cents across the three wheat classes. Traders added weather premium ahead of extreme weather with red flag warnings in the Southern Plains, and funds covered short positions.
Feeder cattle hit all-time highs while soybeans slipped on South American harvest pressure and a weak NOPA crush report.
Dry, windy conditions in US winter wheat areas raise supply risk and support wheat prices, with corn following through spillover. Strong feeder cattle prices raise the cost of feeding for lots, while the soy complex is pressured by weak crush and Brazilian harvest supply.
Tras 1072 eventos alcista de clima pasados, Trigo (SRW) se movió una mediana de +0,2 % en 5 sesiones (55% al alza; mitad central entre -1,4 % y +2,3 %), y +0,3 % en 20.
Tras 322 eventos alcista de clima pasados, Trigo (HRW) se movió una mediana de -0,1 % en 5 sesiones (49% al alza; mitad central entre -2,5 % y +3,2 %), y +1,0 % en 20.
Tras 1465 eventos alcista de clima pasados, Maíz se movió una mediana de +0,2 % en 5 sesiones (54% al alza; mitad central entre -1,4 % y +1,9 %), y +0,9 % en 20.
Tras 363 eventos bajista de clima pasados, Soja se movió una mediana de -0,6 % en 5 sesiones (42% al alza; mitad central entre -2,5 % y +1,1 %), y -0,2 % 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.
Wheat led the grain rally with 11 to 19.5 cent gains as traders added weather premium for Southern Plains red flag warnings and funds covered shorts, which is a supply-risk and positioning mechanism for HRW.
Same-day report of wheat leading the rally as weather premium was added for Southern Plains red flag warnings and funds covered shorts, which amplified the one-day jump.