ADM's head of grain trading said US wheat prices were little changed after a volatile week, while corn fell about $15/t as corn-wheat spreads liquidated and talk of higher US corn area grew. Crop ratings for US spring wheat, corn and soybeans kept declining amid drought-like conditions in the western Corn Belt and northern Plains.
Deteriorating US crop ratings from drought raise the risk of yield losses, which supports corn prices, but expanded corn acreage talk offsets part of that. Canadian dryness adds to the supply uncertainty.
Setelah 1.465 peristiwa cuaca bullish sebelumnya, Jagung bergerak median +0,2% selama 5 sesi (54% lebih tinggi; separuh tengah -1,4% sampai +1,9%), dan +0,9% selama 20 sesi.
Setelah 224 peristiwa cuaca netral sebelumnya, Gandum (SRW) bergerak median -0,1% selama 5 sesi (46% lebih tinggi; separuh tengah -1,4% sampai +1,5%), dan +0,4% 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.