Memuat…
USDA's WASDE cut the national corn yield to 177.5 bushels per acre, down four bushels, but a 6% rise in planted acreage to 94.1 million keeps production above 15.3 billion bushels. The report cited extreme June dryness in Corn Belt states and expected rain to moderate the impact.
A record-scale crop forecast despite the yield cut limits upside in corn prices, though traders expect the August survey-based report to move markets more.
agri-pulse.comSpencer Chase1 Agu 2023Setelah 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.
USDA kept record corn production on large planted acreage, with the yield cut offset by acreage, which limited supply concerns and encouraged selling.
