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July corn futures settled 8 1/4 cents lower at $6.29 3/4 and December fell 6 3/4 cents to $5.17, down 11% on the week and the lowest close since May 25. Wetter, milder Midwest weather is providing near-ideal conditions for pollination.
USDA's July 12 report is expected to cut 2020-21 corn stocks to 1.008 billion bushels and raise 2021-22 ending stocks to 1.402 billion.
Benign weather during pollination lowers the yield risk premium, and expected higher new-crop carryout points to ample supply, which pressures corn prices. Soybeans are also under pressure, though they were supported by export demand expectations.
profarmer.comPro Farmer Editors2021年7月9日在过去 357 次看跌的天气事件之后，玉米 在 5 个交易日内中位数变动 -0.3%（44% 上涨；中间一半区间为 -2.2% 至 +1.3%），20 个交易日内为 -0.5%。
在过去 363 次看跌的天气事件之后，大豆 在 5 个交易日内中位数变动 -0.6%（42% 上涨；中间一半区间为 -2.5% 至 +1.1%），20 个交易日内为 -0.2%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
