
December corn closed up 10.25 cents at $4.30 on September 12 after USDA's Crop Production report put yield at 186.7 bushels per acre, down 2.1 from August. Planted acreage was raised to a near-record 98.728 million, lifting production 73 million bushels to 16.814 billion.
A lower yield estimate tightens the supply outlook, though higher acreage and production keep the balance sheet heavy, leaving corn modestly supported.
Setelah 1.040 peristiwa laporan bullish sebelumnya, Jagung bergerak median +0,5% selama 5 sesi (62% lebih tinggi; separuh tengah -0,9% sampai +2,0%), dan +0,8% 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.
December corn closed up 10.25 cents on Sept 12 after USDA cut yield to 186.7 bu/acre, a supply-side driver of the rally.