
ADM Investor Services' monthly overview summarizes the July WASDE, with US 2025/26 corn ending stocks cut to 2.020 billion bushels and feed usage up 150 million. US 2026 wheat production was cut to 1.536 billion bushels, the lowest since 1970, and soybean old-crop stocks were trimmed to 330 million bushels.
The overview also notes a possible 10% or more drop in Ivory Coast cocoa.
The tighter US corn and wheat balance sheets reinforce upward price pressure on feed grains. The overview restates a report already widely known, so it adds little new supply information.
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%。
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。