
Corn prices are rising during harvest, defying the usual seasonal decline. USDA and private analysts have cut production forecasts, and the October WASDE pegged carryout near 2.2 billion bushels.
December futures closed above $4 after bottoming at $3.20 in early August.
A sharply lower carryout signals tighter feed grain supplies through the crop year. Buyers should expect cash corn prices to stay firm rather than follow the normal harvest drop.
Setelah 1.040 peristiwa laporan bullish sebelumnya, Jagung bergerak median +0,5% selama 5 sesi (62% lebih tinggi; separuh tengah -0,9% sampai +2,0%), dan +0,8% 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.