
December corn futures rose 5-1/2 cents to $4.28-3/4, hitting a four-month high early in the session, after reports that the U.S. and China were close to a trade deal. USDA reported weekly corn export inspections of 1.188 million metric tons for the week ended October 23.
Brazil's center-south corn planting was 55% complete, and forecasts called for beneficial Midwest rain.
Speculative buying on trade hopes and steady export inspections support corn prices, while rain easing Midwest drought reduces weather risk to late crops.
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.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
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.