
U.S. wheat futures were flat on May 3, 2017 while traders waited for an assessment of crop damage from a weekend snowstorm in Kansas. Scouts on the Wheat Quality Council tour reported flattened and broken hard red winter wheat in the hardest-hit fields, and agronomists said the full extent of damage could take two weeks to determine.
Corn and soybeans rose on concerns that Midwest heavy rain would force replanting.
Damage to Kansas hard red winter wheat tightens near-term supply and supports K.C. wheat prices until yield losses are measured. Replanting delays from Midwest rain can also reduce corn and soybean acreage or yield, which supports those prices.
Setelah 322 peristiwa cuaca bullish sebelumnya, Gandum (HRW) bergerak median -0,1% selama 5 sesi (49% lebih tinggi; separuh tengah -2,5% sampai +3,2%), dan +1,0% 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.
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.