Grains closed higher on May 3 with follow-through buying in soybeans and meal as Brazil faced heavy rain and flooding in Rio Grande do Sul, while central Brazil's safrinha corn faced hot, dry weather. July corn rose beyond 460 cents for the first time since early February as funds held large short positions.
Brazilian flooding and dryness in safrinha corn tighten near-term supplies and support feed grain prices. Fund short covering adds upward momentum.
Na 1.079 eerdere opwaarts weer-gebeurtenissen bewoog Sojabonen zich mediaan +0,3% over 5 sessies (54% hoger; middelste helft -1,4% tot +2,0%), en +0,9% over 20.
Na 453 eerdere opwaarts weer-gebeurtenissen bewoog Sojaschroot zich mediaan +0,5% over 5 sessies (55% hoger; middelste helft -1,6% tot +2,7%), en +0,5% over 20.
Na 1.465 eerdere opwaarts weer-gebeurtenissen bewoog Maïs zich mediaan +0,2% over 5 sessies (54% hoger; middelste helft -1,4% tot +1,9%), en +0,9% over 20.
Na 1.072 eerdere opwaarts weer-gebeurtenissen bewoog Tarwe (SRW) zich mediaan +0,2% over 5 sessies (55% hoger; middelste helft -1,4% 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.
May 3 follow-through buying in soybeans and meal on Brazil heavy rain and flooding, supporting the supply-risk premium.
May 3 follow-through buying in soybeans and meal on Brazil flooding supports the supply-risk driver.
Follow-through buying in soybeans and meal on May 3 amid Brazil flooding, with funds covering shorts, contributed to the early part of the window's rally.
Follow-through buying in soybeans and meal on Brazil flooding added to the weekly gain.