
Strategie Grains raised its forecast of EU soft wheat output for 2023/24 to 129.7 million tonnes, from 129.3 million in January. It cited good growing conditions, though it noted dryness in France and Spain.
The consultancy also trimmed its 2023/24 maize production outlook to 63.4 million tonnes.
A larger EU wheat crop next season would add to export competition from Russia and Australia and could leave sharply higher EU supplies, which is bearish for wheat prices. The small maize cut is minor against that.
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.
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.