
The USDA's March world supply and demand estimates left the 2022/23 US wheat outlook unchanged at a $9.00 per bushel farm price. Global wheat ending stocks were cut 2.1 million tons to 267.2 million on lower Chinese stocks, despite higher production in Kazakhstan, Australia and India.
US corn exports were reduced 75 million bushels on weak sales, raising ending stocks.
Lower global wheat stocks are supportive for wheat prices, while the larger US corn carryout and cut exports weigh on corn. Feed buyers should expect corn to stay well supplied.
Setelah 769 peristiwa laporan bullish sebelumnya, Gandum (SRW) bergerak median +0,2% selama 5 sesi (53% lebih tinggi; separuh tengah -1,4% sampai +2,0%), dan +0,2% selama 20 sesi.
Setelah 1.102 peristiwa laporan bearish sebelumnya, Jagung bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -1,8% sampai +1,3%), 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.