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USDA's weekly Crop Progress report showed 57% of US corn in good-to-excellent condition, up 2 points, while soybean condition was unchanged. Corn maturity was 29% as of September 22, far behind the five-year average of 57%.
The corn harvest reached 7%, also behind average.
The slight improvement in corn ratings is modestly bearish, but the crop is still far behind schedule and the rating is the lowest for this time of year since 2013. Late maturity keeps some weather risk in the market.
dtnpf.comAnthony Greder23 Sep 2019Setelah 770 peristiwa laporan netral sebelumnya, Jagung bergerak median +0,2% selama 5 sesi (54% lebih tinggi; separuh tengah -1,1% sampai +1,6%), dan +0,7% selama 20 sesi.
Setelah 563 peristiwa laporan netral sebelumnya, Kedelai bergerak median -0,1% selama 5 sesi (48% lebih tinggi; separuh tengah -1,7% sampai +1,6%), dan -0,1% 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.
