
USDA's 2019/20 corn export estimate is 1.775 billion bushels. Census data showed April exports of 199.5 million bushels, and inspections averaged 44.5 million bushels weekly over the eight weeks to June 4.
Unshipped sales of 451 million bushels as of May 28 are slightly below the 559 million needed to meet the USDA projection.
Export pace near USDA's target supports old-crop corn demand, but unshipped sales fall short of the remaining requirement, leaving the outlook dependent on continued sales.
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.