Laden…
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 Rook12 mrt 2021Na 788 eerdere neerwaarts rapport-gebeurtenissen bewoog Sojabonen zich mediaan -0,3% over 5 sessies (47% hoger; middelste helft -2,0% tot +1,5%), en -0,9% over 20.
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.
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.
