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Hot, dry conditions in Brazil's Center West have delayed the start of the rainy season and soybean planting. Brazil had planted less than 3% of its expected soybean acreage, and Mato Grosso was about 15% behind its usual pace, with some early seedings possibly needing replanting.
Brazil's late planting could limit its early-2021 soybean exports to China and lift demand for U.S. beans.
A slow Brazilian planting season tightens the outlook for early-2021 export supply, which supports U.S. soybean demand and prices. A late second-crop corn planting window also adds some upside risk for corn.
farmprogress.comMatthew Kruse14 Okt 2020Setelah 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.
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.
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.
