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CBOT corn futures hit a 6-1/2-year high on Wednesday, extending gains to a 13th straight session. Argentina's agriculture ministry said it would suspend corn exports until March 1 to protect domestic supplies, and dry South American weather added to supply concerns.
March corn settled at $4.74-1/2 a bushel, the highest most-active level since May 2014.
Argentina is a major corn exporter, and a suspension of about 4 million tonnes removes supply from the world market during a dry spell. This tightens global corn availability and supports higher feed corn prices.
brecorder.comReuters2020. 12. 31.과거 상승 정책 이벤트 318건 이후, 옥수수은 5거래일 동안 중앙값 -0.1% 변동(상승 48%; 중간 50% 범위 -1.4%~+1.5%), 20거래일 동안 -0.2%.
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.
Corn hit a 6.5-year high on Argentina's export suspension and dry weather, building momentum into the window.
