
Corn prices fell more than 30 cents over the prior 12 sessions. Dryness in parts of Russia was intensifying and could widen, while Brazil's second-crop corn appeared stabilized.
Market participants awaited the USDA June supply and demand report.
Possible Russian drought cuts Black Sea corn supply and could add risk premium, offering some support after heavy selling, though strong U.S. crop ratings limit upside.
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.
Notes corn's 30+ cent slide over prior sessions and pre-WASDE positioning; Russian dryness was only a partial offset, so it describes the selling trend.