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The USDA reported upland cotton planted area of 11.577 million acres, 3% below last year and below analyst expectations. Rice planted area was 2.661 million acres, down 375,000 acres from 2020 and close to pre-report estimates.
Harvested rice area of 2.616 million acres implies a steady abandonment rate.
Rice plantings well below last year's level tighten the expected US supply, which supports rice prices. Cotton acreage below expectations also affects the cottonseed meal supply chain, though it is not a listed commodity here.
1230kfjb.comAshley Anderson2021年6月30日在过去 88 次看涨的报告事件之后，稻谷 在 5 个交易日内中位数变动 +0.0%（50% 上涨；中间一半区间为 -1.5% 至 +2.1%），20 个交易日内为 +2.5%。
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。
USDA's June 30 Acreage report showed rice planted area close to pre-report estimates, so the supply surprise was small and the report may have triggered selling or position unwinding after the run-up.
