Memuat…
The most intense drought since 2012 deepened over the past week across the U.S. Midwest farm belt, reducing soil moisture. It threatens yield potential in the heaviest corn and soybean production areas, though forecast rains offer some relief.
Yield risk in the core Corn Belt supports corn and soybean prices, with forecast rain limiting the upside if it materializes. Lower corn output also tightens feed grain supplies for buyers.
reuters.comKarl Plume29 Jun 2023Setelah 1.465 peristiwa cuaca bullish sebelumnya, Jagung bergerak median +0,2% selama 5 sesi (54% lebih tinggi; separuh tengah -1,4% sampai +1,9%), dan +0,9% selama 20 sesi.
Setelah 1.079 peristiwa cuaca bullish sebelumnya, Kedelai bergerak median +0,3% selama 5 sesi (54% lebih tinggi; separuh tengah -1,4% sampai +2,0%), dan +0,9% 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.
On 6/29 the Midwest drought deepened to its most intense since 2012, threatening soybean yield potential and supporting prices despite forecast rains.
Forecast rains offered relief to crops despite the deepening drought, reducing the weather risk premium and pushing corn prices lower.
