
USDA's March WASDE left all U.S. corn and soybean supply and demand numbers unchanged, after traders had expected small cuts to carryover. Corn and soybean prices dropped sharply, then recovered, and closed the week within their recent ranges.
Attention turns to Brazil's safrinha corn and soybean harvest and the March 31 reports.
Unchanged U.S. carryover removed expected tightening, while the coming March 31 Prospective Plantings and Grain Stocks reports could move prices significantly.
Setelah 770 peristiwa laporan netral sebelumnya, Jagung bergerak median +0,2% selama 5 sesi (54% lebih tinggi; separuh tengah -1,1% sampai +1,6%), dan +0,7% selama 20 sesi.
Setelah 563 peristiwa laporan netral sebelumnya, Kedelai bergerak median -0,1% selama 5 sesi (48% lebih tinggi; separuh tengah -1,7% sampai +1,6%), dan -0,1% 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.
Unchanged WASDE numbers against expectations of carryover cuts caused a sharp price drop in corn, though prices partly recovered.