Mintec reports that the COVID-19 pandemic continues to affect commodity markets unevenly despite some lockdown easing. Its grains index rose 17.5% year-to-date to early April, then fell as rice and maize dropped by 6.3% and 3.6% in April.
CBOT corn is under pressure from reduced ethanol demand after plant closures during lockdowns.
Lower ethanol output reduces corn demand and weighs on DDGS supply expectations and corn prices. Buyers should watch whether demand recovers as lockdowns ease.
Setelah 301 peristiwa makro bearish sebelumnya, Jagung bergerak median -0,1% selama 5 sesi (47% lebih tinggi; separuh tengah -2,2% sampai +1,3%), dan +0,2% selama 20 sesi.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
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.