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US farmers face weaker Chinese demand, with fields of weather-damaged corn and uncertainty over crop choices for next season. Farmers are reluctant to invest in machinery until China's Phase 1 purchase commitments are detailed and confirmed.
Shifts in US acreage between corn and sorghum, and uncertainty over Chinese purchases, shape future feed grain supply and price expectations.
aljazeera.comReutersJan 3, 2020After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
Not enough comparable past events yet for a historical read.
After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
