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DTN analyst Joel Karlin says corn futures have retreated over the past month regardless of trade woes, due to generally favorable growing conditions and some of the highest corn crop ratings ever for this time of year. Some analysts are raising 2018 U.S. yield estimates to as high as 180 bpa versus USDA's current 174 bpa, which would beat the record 176.6 bpa set last year.
Expectations of a larger U.S. crop add bearish pressure on corn prices, and the trade expects USDA to raise yield estimates through the season if weather holds, which would weigh on the seasonal low.
dtnpf.comJoel Karlin29 jun 2018Na 357 eerdere neerwaarts weer-gebeurtenissen bewoog Maïs zich mediaan -0,3% over 5 sessies (44% hoger; middelste helft -2,2% tot +1,3%), 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.
