Memuat…
USDA's May WASDE report gives the first look at the 2024/25 balance sheets. It projects U.S. corn ending stocks at 2.102 billion bushels, up 4% from 2023/24, and an average corn price of $4.40 per bushel, down 5.4%.
The corn outlook is less bearish than it was at planting, and the projections do not yet account for slow Midwest planting.
A larger projected carryout and a lower season-average price point to softer new-crop corn values. Slow planting could still cut production estimates later and offset some of that pressure.
fb.orgBetty Resnick13 Mei 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.
