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Favorable July weather supported the US corn crop, and USDA raised 2024-25 corn planted acres by 1.5 million while holding yield at 181 bushels per acre. Corn stocks on farms are near 3 billion bushels, the largest since the 1980s, and farmers are expected to sell stored corn ahead of harvest.
Large farm-stored supplies and expanded acreage point to ample corn availability and lower prices, with China's slowing demand and Brazilian competition limiting export outlets.
barchart.comDon Dawson31 Jul 2024Setelah 357 peristiwa cuaca bearish sebelumnya, Jagung bergerak median -0,3% selama 5 sesi (44% lebih tinggi; separuh tengah -2,2% sampai +1,3%), dan -0,5% 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.
