
November soybean futures jumped after USDA's June stocks and acreage reports showed soybean plantings about 4 million acres below March intentions. Corn June 1 stocks came in at 4.106 billion bushels, the lowest since 2013-14, and corn plantings were 94.1 million acres, well above trade estimates.
The soybean acreage shortfall and tighter corn stocks support prices for both crops, with lower soybean supplies adding support to meal and oil.
Setelah 747 peristiwa laporan bullish sebelumnya, Kedelai bergerak median +0,3% selama 5 sesi (54% lebih tinggi; separuh tengah -1,4% sampai +2,1%), dan +0,8% selama 20 sesi.
Setelah 414 peristiwa laporan bullish sebelumnya, Bungkil Kedelai bergerak median -0,1% selama 5 sesi (48% lebih tinggi; separuh tengah -2,1% sampai +2,3%), dan +0,3% selama 20 sesi.
Setelah 770 peristiwa laporan netral sebelumnya, Jagung bergerak median +0,2% selama 5 sesi (54% lebih tinggi; separuh tengah -1,1% sampai +1,6%), dan +0,7% 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.
The June 30 Acreage report showed corn plantings of 94.1 million acres, well above trade estimates, which is bearish for supply and likely drove the sharp drop, partly offset by low June 1 stocks.
The USDA June Acreage report (soybean plantings ~4M acres below March intentions) is the likely cause of the soybean surge, but it was released 2023-06-30, after the move window ending 06/29, so this is only a possible link via pre-report positioning.