Michigan State professor Jim Hilker reviews the May 2018 USDA WASDE projections for the 2018-19 US corn marketing year. Production is projected just over 14 billion bushels on 88 million planted acres and a 174 bu/ac trend yield, down nearly 600 million bushels from last year.
A projected drop in production and beginning stocks tightens the corn supply outlook, which is mildly supportive of prices. The figures were near trade expectations, so the surprise was limited.
Setelah 770 peristiwa laporan netral sebelumnya, Jagung bergerak median +0,2% selama 5 sesi (54% lebih tinggi; separuh tengah -1,1% sampai +1,6%), dan +0,7% 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.