Memuat…
Monthly World Agricultural Supply and Demand Estimates, 12:00 ET. Updates US and world balance sheets and season-average price projections.
Surprises: US soybean ending stocks 785 mil bu vs prior 580 (+35.3%, bearish); US corn ending stocks 1,684 mil bu vs prior 1,552 (+8.5%, bearish); US soybean meal price 315 $/st vs prior 335 (-6.0%, bearish); World soybean ending stocks 105.94 mmt vs prior 98.27 (+7.8%, bearish); US corn season-avg farm price 3.6 $/bu vs prior 3.8 (-5.3%, bearish); US corn exports 2,350 mil bu vs prior 2,225 (+5.6%, bullish); US wheat exports 1,025 mil bu vs prior 975 (+5.1%, bullish); US wheat ending stocks 935 mil bu vs prior 985 (-5.1%, bullish); US soybean…
USDA WAOBSetelah 3.207 peristiwa laporan sebelumnya, Jagung bergerak median +0,2% selama 5 sesi (54% lebih tinggi; separuh tengah -1,3% sampai +1,7%), dan +0,5% selama 20 sesi.
Setelah 2.389 peristiwa laporan sebelumnya, Kedelai bergerak median 0,0% selama 5 sesi (50% lebih tinggi; separuh tengah -1,6% sampai +1,9%), dan +0,1% selama 20 sesi.
Setelah 1.283 peristiwa laporan sebelumnya, Bungkil Kedelai bergerak median -0,1% selama 5 sesi (47% lebih tinggi; separuh tengah -2,0% sampai +1,7%), dan -0,2% selama 20 sesi.
Setelah 686 peristiwa laporan sebelumnya, Minyak Kedelai bergerak median -0,0% selama 5 sesi (49% lebih tinggi; separuh tengah -1,8% sampai +2,0%), dan -0,0% 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.
The WASDE surprise of a 35% rise in US soybean ending stocks to 785 million bushels, plus lower price projections, was a strongly bearish supply shock.
The August WASDE raised US corn ending stocks 8.5% above the prior estimate on a larger crop and cut the season-average price to $3.60, a bearish supply surprise; the 1-day window ending 2018-08-13 likely captures the repricing after the Friday noon release.
WASDE balance sheet surprises, with soybean ending stocks up 35% and the soybean meal price forecast cut 6%, were bearish for soymeal.
