
Freeze damage over the late-November weekend is expected to cut corn and soybean yields, with analysts estimating corn losses of 300 million to 400 million bushels and possibly up to 700 million. Soybean losses are estimated at 30 million to 50 million bushels, which are smaller because the crop matured early.
Official yield reports are not expected until January.
A corn loss of several hundred million bushels would tighten the US balance sheet and support corn prices, with soybeans less affected. Uncertainty until the January report keeps the market sensitive to revisions.
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 1.079 peristiwa cuaca bullish sebelumnya, Kedelai bergerak median +0,3% selama 5 sesi (54% lebih tinggi; separuh tengah -1,4% sampai +2,0%), dan +0,9% 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.