
A Chinese agriculture ministry official said there is no lasting corn shortage despite recent price surges. He blamed speculators betting on short-term shortages and said the price rise was reasonable given typhoon-related harvest costs.
The Dalian January contract reached its highest level since its 2004 launch.
Official reassurance and a good harvest outlook could cool speculative buying in China's corn futures. Lower Chinese corn prices would ease import pressure on global feed grain markets.
Setelah 439 peristiwa kebijakan netral sebelumnya, Jagung bergerak median +0,1% selama 5 sesi (51% lebih tinggi; separuh tengah -1,3% sampai +1,2%), dan +1,1% 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.