
Global corn prices reached an eight-year high as China bought at least 5.8 million tonnes in a single week to rebuild its hog herd. Poor US production, snowy conditions in South America and a weak Ukrainian crop, which must now import 7.5 million tonnes, added further support.
Strong Chinese import demand combined with tighter supply from the US, South America and Ukraine tightens global corn stocks and supports higher corn and feed prices.
Setelah 729 peristiwa perdagangan bullish sebelumnya, Jagung bergerak median +0,4% selama 5 sesi (56% lebih tinggi; separuh tengah -1,1% sampai +1,8%), dan +0,5% 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.