
Wheat futures turned lower on Feb. 1, 2021 while corn rose on strong export demand.
USDA confirmed private sales of 125,730 tonnes of corn to Mexico and 110,000 tonnes to Japan, and Russia was considering a formula-based export tax on wheat from June 1.
Confirmed corn export sales support corn demand, and Russia's planned export tax could tighten Black Sea wheat exports and lift global wheat prices later in the season.
Setelah 318 peristiwa kebijakan bullish sebelumnya, Jagung bergerak median -0,1% selama 5 sesi (48% lebih tinggi; separuh tengah -1,4% sampai +1,5%), dan -0,2% selama 20 sesi.
Setelah 182 peristiwa kebijakan bullish sebelumnya, Gandum (SRW) bergerak median +0,1% selama 5 sesi (52% lebih tinggi; separuh tengah -1,9% sampai +1,4%), dan -0,3% 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.
Wheat futures turned lower on Feb. 1 with Russia weighing a formula-based wheat export tax, but the reported 3-4 cent decline is far smaller than the -6.26% move, so it explains only part of the drop.