
A Reuters column argues that USDA's monthly report contradicts the market view that Chinese corn inventories are thinning. USDA raised Chinese corn imports, but the higher projected use did not offset the added supply, which pushed up domestic stocks.
The text is cut off before the full argument.
If Chinese stocks are rising rather than falling, China's import demand may be less supportive for U.S. corn prices than the market has assumed.
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.