The national average corn basis was 22 cents under September futures, while the DTN National Corn Index fell 11 cents to $3.15. USDA reported a 1.365 million tonne corn sale to China, the largest daily sale in 26 years, and the September contract closed 11.5 cents lower after an earlier rally.
A record one-day sale to China signals strong export demand that supports corn values and may tighten US feed grain availability. Prices still faced selling pressure, so the bullish effect was partly reversed.
Setelah 729 peristiwa perdagangan bullish sebelumnya, Jagung bergerak median +0,4% selama 5 sesi (56% lebih tinggi; separuh tengah -1,1% sampai +1,8%), dan +0,5% 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.