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CIH's review of the August 12 WASDE said the report was bearish for corn, bullish for soybeans and neutral for wheat relative to trade expectations. Corn production was estimated at 16.742 billion bushels, well above the trade average of 15.991 billion.
This was the first WASDE of the season to use field surveys for the yield outlook.
Corn production well above expectations adds bearish pressure on corn and corn-based feed prices. The first use of survey-based yields may add volatility as harvest approaches.
cihedging.com2025年8月12日在过去 1,102 次看跌的报告事件之后，玉米 在 5 个交易日内中位数变动 -0.2%（47% 上涨；中间一半区间为 -1.8% 至 +1.3%），20 个交易日内为 +0.0%。
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。
