
USDA released its February Crop Production, WASDE, Crop Production Annual Summary, Grain Stocks and Winter Wheat Seedings reports, delayed from January by the government shutdown. 2018 corn production was pegged at 14.4 billion bushels, and a record 4.54 billion bushels of soybeans was harvested.
Soybean stocks were 3.74 billion bushels, up 18% from last year.
Corn production came in below November, which supports old-crop corn prices, while record soybean supplies weigh on the soy complex. Buyers of soybean meal and corn feed should watch how these supplies flow into the spring balance sheet.
Tras 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.
Tras 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.