
Chinese buying is lifting U.S. corn demand during the 2020 harvest. China's state reserves are shrinking, and drought and typhoon damage in the northeast corn belt cut yield prospects.
Dalian corn futures hit record highs in mid-October as hog herd rebuilding raises feed demand.
Chinese import demand and tight domestic stocks support export pull on U.S. corn and tighten global feed grain balances. This points to firmer corn prices for feed buyers.
과거 상승 무역 이벤트 729건 이후, 옥수수은 5거래일 동안 중앙값 +0.4% 변동(상승 56%; 중간 50% 범위 -1.1%~+1.8%), 20거래일 동안 +0.5%.
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.
Published on the move date, it ties Chinese buying, shrinking Chinese state reserves and weather-cut yields to stronger demand and tighter supply for corn.