
US corn good-to-excellent ratings were 72% but slipped below 2014 and 2016 levels, with declines in Missouri, Kansas, and Michigan due to dryness and heat. Soybean ratings were mostly unchanged in top states but fell in the northeast and southwest Midwest.
Ratings remain high by historical standards.
Localized dryness and heat trim expectations of the US crop, adding modest support to corn and soybean prices and feed costs.
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.
Setelah 1.079 peristiwa cuaca bullish sebelumnya, Kedelai bergerak median +0,3% selama 5 sesi (54% lebih tinggi; separuh tengah -1,4% sampai +2,0%), 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.
Commentary on heat and dryness lowering corn ratings in Missouri, Kansas and Michigan reinforces the weather-driven supply concern.