Loading…
The European Commission outlook projects EU cereal output in 2017/18 rising 1.5% to almost 300 million tonnes, still 1.6% below the five-year average. Maize is forecast at 59 million tonnes, 8% below average, and EU cereal ending stocks are expected to fall 4.2%.
Below-average EU cereal and maize output and falling ending stocks tighten the EU feed grain balance, supporting import demand and prices for corn and barley substitutes.
agronaplo.huAgro Napló 2017.Nov 10, 2017After 1,040 past bullish report events, CORN moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
Not enough comparable past events yet for a historical read.
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.
