China bought 1.937 million metric tonnes of U.S. corn in a single sale, its largest ever, after an earlier July record of 1.762 million tonnes. Bloomberg analysts noted that accelerated purchases still may not be enough to reach the $36.5 billion U.S. farm goods target.
Large Chinese corn bookings support U.S. export demand and feed grain prices. The gap to the purchase target means further buying is likely, which keeps the price outlook supportive.
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.
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.