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The USDA reported upland cotton planted area of 11.577 million acres, 3% below last year and below analyst expectations. Rice planted area was 2.661 million acres, down 375,000 acres from 2020 and close to pre-report estimates.
Harvested rice area of 2.616 million acres implies a steady abandonment rate.
Rice plantings well below last year's level tighten the expected US supply, which supports rice prices. Cotton acreage below expectations also affects the cottonseed meal supply chain, though it is not a listed commodity here.
1230kfjb.comAshley Anderson2021. 6. 30.과거 상승 보고서 이벤트 88건 이후, 조곡(벼)은 5거래일 동안 중앙값 +0.0% 변동(상승 50%; 중간 50% 범위 -1.5%~+2.1%), 20거래일 동안 +2.5%.
각 품목 벤치마크의 이벤트 직전 종가 대비 변동. 과거 수치는 같은 유형의 과거 이벤트를 합산한 것으로, 일어난 일을 설명할 뿐 앞으로 일어날 일이 아닙니다. 투자 자문이 아닙니다.
USDA's June 30 Acreage report showed rice planted area close to pre-report estimates, so the supply surprise was small and the report may have triggered selling or position unwinding after the run-up.
