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March 2017 corn futures fell 9.25 cents to close at $3.49 on December 1 after USDA's Baseline projections were released. The Baseline showed US planted corn acreage falling to 90 million acres for 2017 and 2017/18 ending stocks of 2,298 million bushels.
Those stocks remain among the largest in 30 years.
Large projected US carryout and lower-than-hoped acreage reduction keep the supply cushion heavy, which weighs on corn prices. Feed buyers face continued price pressure unless yield or demand surprises emerge.
seeitmarket.comMarcus Ludtke5 dic 2016Tras 1102 eventos bajista de informe pasados, Maíz se movió una mediana de -0,2 % en 5 sesiones (47% al alza; mitad central entre -1,8 % y +1,3 %), y +0,0 % 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.
