
U.S. corn futures edged higher on March 16 after USDA confirmed sales of 1.156 million tonnes of corn to China, the largest since January. The sales followed one of the strongest weeks of corn export inspections on record.
Soybeans and wheat were mixed, with South American weather also in focus.
Confirmed Chinese purchases and strong export inspections tighten U.S. corn supplies, supporting nearby prices and export demand.
Setelah 729 peristiwa perdagangan bullish sebelumnya, Jagung bergerak median +0,4% selama 5 sesi (56% lebih tinggi; separuh tengah -1,1% sampai +1,8%), dan +0,5% selama 20 sesi.
Setelah 250 peristiwa perdagangan netral sebelumnya, Kedelai bergerak median +0,0% selama 5 sesi (50% lebih tinggi; separuh tengah -1,4% sampai +1,6%), 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.
USDA confirmed 1.156 mt sale to China, the largest since January, lifting corn futures and starting the rally.
USDA-confirmed 1.156 MMT of corn sales to China, the largest since January, boosted export demand and drove the preceding rally that set up the volatile move.