
A High Plains Journal analysis says US corn demand for 2018-19 exceeds production, with 14.6 billion bushels produced against 15 billion used. Ending stocks of 1.78 billion bushels are described as comfortable, and a lower USDA yield would cut stocks to about 1.66 billion bushels.
Demand exceeding supply and the possibility of a yield cut could tighten the balance sheet and support corn prices if the market shifts its perception.
Setelah 1.040 peristiwa laporan bullish sebelumnya, Jagung bergerak median +0,5% selama 5 sesi (62% lebih tinggi; separuh tengah -0,9% sampai +2,0%), dan +0,8% 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.