
Texas A&M economist Mark Welch says the USDA report showed 2018 U.S. corn carryover stocks at 12 percent, below the typical 15-20 percent range, with domestic use estimates lowered. Corn prices fell after the report despite the tighter supply, and he links the muted reaction to uncertainty over China trade talks and soybean exports.
Tight carryout normally supports corn, but the lack of price response and wet planting weather leave the near-term price direction uncertain for feed buyers.
Setelah 1.102 peristiwa laporan bearish sebelumnya, Jagung bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -1,8% sampai +1,3%), dan +0,0% 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.