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Soybeans and corn posted their first lower weekly closes in weeks on March 12. Analysts said traders were disappointed that USDA's March WASDE made no changes to U.S. ending stocks, despite strong exports.
A small increase to Brazil's soybean crop was offset by drought-related cuts in Argentina.
Unchanged U.S. ending stocks despite strong exports leaves the market without new bullish input, so prices may drift lower until USDA adjusts balance sheets.
agweek.comMichelle Rook2021. 3. 12.과거 하락 보고서 이벤트 788건 이후, 대두은 5거래일 동안 중앙값 -0.3% 변동(상승 47%; 중간 50% 범위 -2.0%~+1.5%), 20거래일 동안 -0.9%.
과거 하락 보고서 이벤트 1,102건 이후, 옥수수은 5거래일 동안 중앙값 -0.2% 변동(상승 47%; 중간 50% 범위 -1.8%~+1.3%), 20거래일 동안 +0.0%.
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 posted its first lower weekly close in weeks on March 12 as traders were disappointed that USDA's WASDE left U.S. ending stocks unchanged, a sentiment-driven selloff.
Corn and soybeans posted lower weekly closes as traders were disappointed by unchanged US ending stocks, signaling bullish sentiment fading.
