Memuat…
Corn futures fell on June 28 after USDA's Acreage report showed 91.475 million planted acres, 1.44 million above the March intentions and 1.1 million above trade expectations. The quarterly Grain Stocks report put June 1 corn stocks at 4.993 billion bushels, near the top of the trade range and 890 million above a year earlier.
July, September and December contracts settled 10 to 16.5 cents lower.
Larger acreage and higher carryover expectations add supply and weigh on feed corn prices, which feeds into lower corn costs for buyers. Traders will watch the next USDA yield estimate for any change in the bearish balance.
barchart.comAlan Brugler28 Jun 2024Setelah 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.
