Laden…
Chicago corn rose more than 3% and soybeans rallied after USDA acreage data came in below trade expectations, with corn planting at 92.692 million acres and soybeans at 87.555 million. Hot, dry weather in northern and western growing areas added supply concerns.
Wheat edged higher as the rally in corn and soybeans offset pressure from winter wheat harvest.
Lower-than-expected US acreage and heat risk tighten the outlook for corn and soybean supplies, raising feed grain and meal costs for buyers. Weather remains the key price driver through the growing season.
apnews.comThe Associated Press30 jun 2021
financialpost.comReuters1 jul 2021Na 406 eerdere neutraal rapport-gebeurtenissen bewoog Tarwe (SRW) zich mediaan -0,2% over 5 sessies (47% hoger; middelste helft -1,6% tot +1,5%), en +0,0% over 20.
Na 1.040 eerdere opwaarts rapport-gebeurtenissen bewoog Maïs zich mediaan +0,5% over 5 sessies (62% hoger; middelste helft -0,9% tot +2,0%), en +0,8% over 20.
Na 747 eerdere opwaarts rapport-gebeurtenissen bewoog Sojabonen zich mediaan +0,3% over 5 sessies (54% hoger; middelste helft -1,4% tot +2,1%), en +0,8% over 20.
Na 414 eerdere opwaarts rapport-gebeurtenissen bewoog Sojaschroot zich mediaan -0,1% over 5 sessies (48% hoger; middelste helft -2,1% tot +2,3%), en +0,3% 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.
Soybean acreage of 87.555M came in below trade expectations on June 30, and hot, dry weather in the north and west added supply concerns, driving the rally.
Soybean acreage of 87.555M acres came in below trade expectations, and hot, dry weather in northern growing areas added supply concerns, so soybeans rallied.
Acreage below trade expectations plus hot, dry weather in growing areas fueled a rally in soybeans and corn, which supports meal prices.
