Memuat…
Grupo Consultor de Mercados Agricolas (GCMA) cut its 2020 Mexico corn import forecast from 17.2 million to 16.75 million tonnes. The consultancy cited weaker-than-expected animal feed demand, which makes up nearly half of Mexico's yellow corn use, as Covid-19 slowed beef and pork production.
Imports for January to September were still up 3.6% year on year, with 93% of 2020 imports expected from the US.
Lower import demand from Mexico, the largest buyer of US corn, reduces export outflows and is mildly bearish for US corn prices. The effect is modest because year-to-date imports remain higher than last year.
fastmarkets.comJuan Pedro Tomas4 Nov 2020Setelah 683 peristiwa perdagangan bearish sebelumnya, Jagung bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -1,7% sampai +1,6%), dan +0,3% 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.
