USDA's weekly Crop Progress report showed U.S. corn condition ratings rising 3 points to 72% good to excellent for the week ending July 26, above analysts' expectations of 69% to 71%. Silking reached 82% complete, 7 points ahead of the five-year average.
Farmers reported heat stress and wind concerns, and soil moisture remained low in parts of the Plains and Minnesota.
Strong crop ratings point to a larger supply outlook, which adds pressure to corn prices. Dry pockets and heat during pollination are the main risk that could limit yield potential.
Setelah 357 peristiwa cuaca bearish sebelumnya, Jagung bergerak median -0,3% selama 5 sesi (44% lebih tinggi; separuh tengah -2,2% sampai +1,3%), 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.