
July corn futures closed at $3.66 1/2 on April 28, up 2.75 cents on the week on concerns over US planting progress. Traders are focused on the May 10 benchmark of 50% planted, which historically correlates with optimal yields.
The article reviews recent yield history tied to early planting.
Slow planting pace raises the risk of yield loss from late-summer heat, which would support corn prices. Market attention to planting timing keeps a weather premium in feed grain pricing.
Setelah 1.465 peristiwa cuaca bullish sebelumnya, Jagung bergerak median +0,2% selama 5 sesi (54% lebih tinggi; separuh tengah -1,4% sampai +1,9%), dan +0,9% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.