
March corn gapped higher after the US-China trade agreement at the G20 suspended new tariffs for 90 days and China signaled large purchases of US farm and other goods. Export inspections remained far above year-ago levels, while China's 25% tariff on US corn, milo and soybeans is still in place.
Suspended tariffs and expected Chinese buying support US soybean and corn prices. Prices stay capped until the tariff is removed and actual purchases are confirmed.
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.
The US-China G20 trade truce suspended new tariffs for 90 days and signaled large Chinese purchases of US farm goods, so March corn gapped higher on the demand and trade-flow outlook.
US-China G20 truce suspending new tariffs for 90 days and signaling large farm purchases caused March corn to gap higher, directly driving the move ending Dec 3.