CBOT soybean futures reached their highest level since 2016 and corn hit a 14.5-month high. Strong export sales were led by China, which bought 1.222 million tonnes of soybeans in the week.
Weekly corn export sales totaled 1.832 million tonnes, with China accounting for 433,500 tonnes.
Chinese buying of U.S. soybeans and corn tightens export supplies and supports prices for soybean meal and feed grains. Feed buyers should expect firm input costs.
Setelah 696 peristiwa perdagangan bullish sebelumnya, Kedelai bergerak median +0,3% selama 5 sesi (54% lebih tinggi; separuh tengah -1,3% sampai +1,9%), dan +0,7% selama 20 sesi.
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.
Strong weekly export sales to China, including 1.832 million tonnes of corn, boosted demand expectations and pushed corn to a 14.5-month high ahead of the move.