Memuat…
May wheat futures rose as much as 4.4% to $4.47 1/2 a bushel in Chicago, the biggest intraday advance since August, rebounding from a record low for the contract. USDA data showed the Texas winter wheat good/excellent rating fell to 28% from 36%.
Deteriorating Texas HRW conditions and short covering lifted wheat prices from oversold levels. Reports that Ukraine's crop is ahead of expectations limit the upside by signaling no global shortage.
fullertreacymoney.comCommentary by Eoin Treacy12 Mar 2019Setelah 322 peristiwa cuaca bullish sebelumnya, Gandum (HRW) bergerak median -0,1% selama 5 sesi (49% lebih tinggi; separuh tengah -2,5% sampai +3,2%), dan +1,0% selama 20 sesi.
Setelah 1.072 peristiwa cuaca bullish sebelumnya, Gandum (SRW) bergerak median +0,2% selama 5 sesi (55% lebih tinggi; separuh tengah -1,4% sampai +2,3%), dan +0,3% 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.
Rebound from record-low wheat futures with the biggest gain since August on falling Texas winter wheat ratings; the report is dated March 12, so it likely describes the same short-covering rally, but the date gap makes the link imperfect.
