Reuters survey respondents expect South African farmers to plant about 14% less corn this year, to roughly 2.0 million hectares, after dry weather delayed sowing and some northern regions were not planted. Corn prices in South Africa reached a two-year high on drought-related yield fears.
A smaller South African maize crop and drought-driven yield risk tighten regional feed grain supplies and support prices, which may increase import demand.
Setelah 1.465 peristiwa cuaca bullish sebelumnya, Jagung bergerak median +0,2% selama 5 sesi (54% lebih tinggi; separuh tengah -1,4% sampai +1,9%), dan +0,9% 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.