
USDA reported U.S. soybean and corn plantings were smaller than expected this spring, and a separate report showed domestic stockpiles at multi-year lows. Chicago corn and soybean futures rallied sharply after trading lower ahead of the reports.
Tighter-than-expected U.S. supplies from the world's No. 2 soy and top corn exporter, combined with northern drought concerns, support corn and soybean prices and raise feed costs for buyers.
Setelah 1.040 peristiwa laporan bullish sebelumnya, Jagung bergerak median +0,5% selama 5 sesi (62% lebih tinggi; separuh tengah -0,9% sampai +2,0%), dan +0,8% selama 20 sesi.
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.
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.
USDA's June 30 reports showed smaller-than-expected soybean plantings and multi-year-low stocks, which tightened supply and drove a sharp futures rally.
USDA's June 30 Acreage and Stocks reports showed smaller-than-expected plantings and multi-year-low stocks, triggering a sharp rally in soybean futures within the 5-day window.
Smaller-than-expected soybean acreage and multi-year-low stocks sparked a sharp rally in soybean futures, tightening supply expectations and lifting meal.