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USDA data for the week ending June 9 showed U.S. corn export inspections of 1.169 million mt, down week-on-week and year-on-year, with shipments mainly to Mexico and Japan. U.S. corn planting was complete, 93% emerged, and 61% of crops were rated good or excellent, down from 64% and below the 62% the market expected.
Brazil's corn exports were running about 18% lower per day than June 2022.
Lower U.S. export inspections and weaker Brazilian shipment pace point to softer export demand, while the drop in crop ratings adds yield concern. Net effect is mixed for corn prices.
tridge.comVictor Langat23 de jun. de 2023Após 770 eventos neutro de relatório passados, Milho subiu em mediana +0,2% em 5 sessões (54% de alta; metade central de -1,1% a +1,6%), e +0,7% em 20.
Variações do benchmark de cada commodity desde o último fechamento antes do evento. As leituras históricas agregam eventos passados do mesmo tipo; descrevem o que aconteceu, não o que vai acontecer. Não é recomendação de investimento.
