Grains closed higher on May 3 with follow-through buying in soybeans and meal as Brazil faced heavy rain and flooding in Rio Grande do Sul, while central Brazil's safrinha corn faced hot, dry weather. July corn rose beyond 460 cents for the first time since early February as funds held large short positions.
Brazilian flooding and dryness in safrinha corn tighten near-term supplies and support feed grain prices. Fund short covering adds upward momentum.
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.
Setelah 453 peristiwa cuaca bullish sebelumnya, Bungkil Kedelai bergerak median +0,5% selama 5 sesi (55% lebih tinggi; separuh tengah -1,6% sampai +2,7%), dan +0,5% selama 20 sesi.
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 1.072 peristiwa cuaca bullish sebelumnya, Gandum (SRW) bergerak median +0,2% selama 5 sesi (55% lebih tinggi; separuh tengah -1,4% sampai +2,3%), dan +0,3% 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.
May 3 follow-through buying in soybeans and meal on Brazil heavy rain and flooding, supporting the supply-risk premium.
May 3 follow-through buying in soybeans and meal on Brazil flooding supports the supply-risk driver.
Follow-through buying in soybeans and meal on May 3 amid Brazil flooding, with funds covering shorts, contributed to the early part of the window's rally.
Follow-through buying in soybeans and meal on Brazil flooding added to the weekly gain.