Memuat…
The November WASDE cut global corn stocks by 9 million tonnes, soybeans by 2.2 million tonnes and wheat by 1 million tonnes, with most reductions in the US. USDA also cut Ukrainian corn production by 8 million tonnes and EU production by 2 million tonnes, and corn and soybean prices rallied after the release.
Lower global corn and wheat stocks, especially from Ukraine and the EU, tighten export supplies and support feed grain prices. The price forecast commentary suggests the market has already priced in much of the bullish surprise.
czapp.comAlberto Carmona17 Nov 2020Setelah 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 769 peristiwa laporan bullish sebelumnya, Gandum (SRW) bergerak median +0,2% selama 5 sesi (53% lebih tinggi; separuh tengah -1,4% sampai +2,0%), dan +0,2% 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.
Global corn stocks were cut by 9 Mt, including lower Ukrainian and EU output, and prices rallied after the release.
