
The December 2022 WASDE showed few major changes for U.S. soybeans and wheat, and the market reaction was muted. U.S. corn ending stocks rose 75 million bushels to 1.257 billion after a 3.5% cut in exports to 2.075 billion.
USDA also cut Ukraine's 2022/23 corn crop by over 177 million bushels to 1.063 billion.
Lower U.S. corn exports and higher stocks are bearish for corn, while the cut to Ukraine's crop removes some export supply and offsets part of that pressure.
Setelah 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.