Year-to-date barged grain movements on the US inland waterways reached a record 14.5 million tons through the week ending May 8, 47% above last year. Barged corn hit a record 10.4 million tons, up 98% year on year.
Improved water conditions and strong Asian, especially Chinese, import demand were cited as the drivers.
Strong barge flows signal robust US corn export demand and efficient logistics, which supports corn basis and futures. Barge freight costs are likely to stay firm while volumes remain this high.
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.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
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.