Memuat…
An MU Extension analysis of corn prices says planting delays could reduce US corn area and yields. A scenario of 85 million planted acres with 170 bu/ac yields implies a crop about 1.7 billion bushels below USDA's May forecast.
The analysis projects farm prices near $4.15/bu and Chicago corn near $4.50/bu, and March 2020 futures already traded above $4.50.
A supply shock of this size would tighten the feed grain balance and raise feed costs for livestock buyers. The price implication is bullish corn, although the outcome depends on final planting and yields.
extension.missouri.edu3 Jul 2019Setelah 1.465 peristiwa cuaca bullish sebelumnya, Jagung bergerak median +0,2% selama 5 sesi (54% lebih tinggi; separuh tengah -1,4% sampai +1,9%), dan +0,9% 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.
