
Iowa Farm Bureau reported that USDA's June WASDE cut 2024/25 and 2025/26 U.S. corn ending stocks by 50 million bushels each, with 2025/26 stocks at 1,750 million bushels. Corn stocks came in 42 million bushels below trade expectations, while wheat stocks were also lowered.
Corn carryout well below expectations signals a tighter balance than the market had priced in, which supports corn prices and raises feed grain costs for buyers. The gap to trade estimates is the key bullish factor.
Setelah 1.040 peristiwa laporan bullish sebelumnya, Jagung bergerak median +0,5% selama 5 sesi (62% lebih tinggi; separuh tengah -0,9% sampai +2,0%), dan +0,8% 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.