US corn net sales for the week came in at 4.48 million mt for the current marketing year, with Chinese buying bringing the total to about 65 million mt. A private exporters report also showed Japan booking 110,000 mt.
Analysts expect USDA to raise its export estimate toward 2.8 billion bushels (about 71 million mt) in its April update.
Export sales running ahead of USDA's forecast point to tighter US old-crop corn supplies and support corn prices. A higher export estimate would reduce carryout expectations.
在过去 729 次看涨的贸易事件之后,玉米 在 5 个交易日内中位数变动 +0.4%(56% 上涨;中间一半区间为 -1.1% 至 +1.8%),20 个交易日内为 +0.5%。
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。
Record weekly US corn net sales of 4.48 mt driven by China and expectations of higher export estimates supported demand-driven price strength at the end of the window.