
Farm Futures analyst Bryce Knorr says slow planting and forecasts for warm, dry Midwest summer conditions could cut corn and soybean acreage and yields by 2% to 4%. May 15 corn planting in eight key states was only 51%, the third slowest in 20 years.
USDA had already cut its trend corn yield by four bushels to 177 bpa.
Lower acreage and yields tighten the corn and soybean balance sheet, supporting feed grain and soybean meal prices. Forecast-based risk premium can add to the rally if hot, dry weather materializes.
在过去 1,465 次看涨的天气事件之后,玉米 在 5 个交易日内中位数变动 +0.2%(54% 上涨;中间一半区间为 -1.4% 至 +1.9%),20 个交易日内为 +0.9%。
在过去 1,079 次看涨的天气事件之后,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 +2.0%),20 个交易日内为 +0.9%。
在过去 453 次看涨的天气事件之后,豆粕 在 5 个交易日内中位数变动 +0.5%(55% 上涨;中间一半区间为 -1.6% 至 +2.7%),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。