
FCC's May 2021 update says its price forecasts for grains, oilseeds and pulses have improved since February, with old-crop prices flat or higher and new-crop prices above their five-year average. Global wheat stocks are projected to fall 4.5 million tons from the previous year's record, and U.S. ending stocks continue to decline from their 2016-17 high.
China's feed and residual use is forecast at a record 40 million tons, and U.S. wheat plantings are very low.
Tightening stocks and record Chinese feed demand support higher grain and oilseed prices, which raises feed input costs for buyers. Profitability for growers stays positive, so supply response is limited in the near term.
在过去 1,040 次看涨的报告事件之后,玉米 在 5 个交易日内中位数变动 +0.5%(62% 上涨;中间一半区间为 -0.9% 至 +2.0%),20 个交易日内为 +0.8%。
在过去 769 次看涨的报告事件之后,小麦(SRW) 在 5 个交易日内中位数变动 +0.2%(53% 上涨;中间一半区间为 -1.4% 至 +2.0%),20 个交易日内为 +0.2%。
在过去 747 次看涨的报告事件之后,大豆 在 5 个交易日内中位数变动 +0.3%(54% 上涨;中间一半区间为 -1.4% 至 +2.1%),20 个交易日内为 +0.8%。
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。