Laden…
US corn futures fell for a sixth straight session on June 26 as rain continued across Midwest growing areas. Some plants in Iowa, Minnesota and South Dakota declared force majeure because flooded rail tracks prevented grain movement.
July CBOT corn slipped to $4.22 per bushel.
Rail disruptions in the northwest Corn Belt slow grain movement and can widen basis, while the bearish futures reaction reflects ample supplies. Buyers may see cheaper corn futures but tighter local delivery logistics.
fastmarkets.comthe Fastmarkets team27 jun 2024Na 359 eerdere neerwaarts logistiek-gebeurtenissen bewoog Maïs zich mediaan -0,3% over 5 sessies (44% hoger; middelste helft -1,5% tot +1,5%), en -0,5% 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.
Reports corn futures falling for a sixth straight session as Midwest rain persisted, so it confirms the downtrend and weather-premium unwind, but it is dated after the move date.
