USDA's January WASDE tightened its view of US wheat balances through lower domestic stocks, but raised global supply and ending stocks after Black Sea revisions. Ukraine's stocks rose 2.2 million tonnes as feed and residual use was revised back to 2021-22.
CBOT soft red wheat fell from an early high of $6.24 to about $6.14 per bushel after the report.
Higher global wheat supplies and stocks, led by Ukraine, add bearish pressure to world wheat prices and ease feed grain costs for buyers. The US tightening offers only partial support.
Setelah 1.006 peristiwa laporan bearish sebelumnya, Gandum (SRW) bergerak median +0,0% selama 5 sesi (50% lebih tinggi; separuh tengah -1,6% sampai +1,8%), dan +0,3% 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.