
USDA's first survey-based crop production forecast put the national average corn yield at 169.5 bushels per acre, up 3.5 bushels from July, and planted corn acres at 90 million. Total production was forecast at 13.9 billion bushels, up 26 million from July, and corn futures fell Monday after the report.
A larger corn crop forecast despite wet-spring planting delays increases supplies and pressures corn prices, lowering feed costs for buyers.
Na 1.102 eerdere neerwaarts rapport-gebeurtenissen bewoog Maïs zich mediaan -0,2% over 5 sessies (47% hoger; middelste helft -1,8% tot +1,3%), en +0,0% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
USDA's survey-based forecast raised yield by 3.5 bu and production by 26M bu versus July, increasing expected supply and pushing futures lower.
USDA raised the corn yield to 169.5 bu/ac and held acres at 90 million, which increased supply and sent corn lower.