A regional food security bulletin reports Southern Africa's 2018 crop output down 13% from last year after a mid-season dry spell, though still 3% above the five-year average. Large carry-over maize stocks in South Africa, Zambia and Zimbabwe keep regional maize prices 20-33% below the five-year average, but prices are expected to rise from August.
Regional maize supply is cushioned by carry-over stocks, so the impact on global feed grain prices is limited, though tighter Southern African supply may support local maize and feed prices.
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.