USDA's January report projected 2018-19 corn ending stocks at 1.735 billion bushels, down 46 million from December, on a 2018 corn crop of 14.4 billion bushels and an average yield of 176.4 bushels per acre. December 1 corn stocks were 11.952 billion bushels, and first-quarter disappearance rose about 280 million bushels year over year.
Lower ending stocks were offset by weaker consumption forecasts in key categories, so the report gave corn little price support. Feed buyers should expect corn to stay under pressure despite tighter supplies.
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.