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CIH's summary of the August 2023 WASDE said corn yield was 175.1 bushels per acre, down 2.4 from July and slightly below analysts' average. Corn ending stocks were cut 60 million bushels to 2.2 billion, and the season-average farm price was raised to $4.90 per bushel.
Global corn production and ending stocks were also lowered, with China's output cut for excess rain.
Lower global corn stocks and a higher farm price forecast support corn prices. The report was broadly in line with expectations, so the market reaction was limited.
cihedging.com2023年8月11日在过去 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%。
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。
