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A grains newsletter reports on country news including Argentina's new tax and trade policies boosting farm activity, Chinese corn reserve price cuts and auction plans, and a French bird flu outbreak reducing feed demand. It also notes India cutting potash subsidies by 20 percent.
Chinese reserve auctions and lower procurement prices weigh on corn import demand, while France's feed demand cut reduces meal and grain consumption.
grains.orgApr 6, 2017grains.orgApr 6, 2017grains.orgApr 6, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% 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.
