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USDA's June WASDE cut 150 million bushels from old-crop U.S. corn ending stocks, a bigger reduction than trade expectations. Brazil's corn crop was cut as expected, while the trade had looked for a lower total.
Global wheat production was raised, mainly for major exporters.
A larger-than-expected cut in U.S. old-crop corn stocks tightens the feed grain supply and supports corn prices. Feed buyers should expect firmer corn costs while oilseed balances stay tight.
feedandgrain.comKevin McNew2021年6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%。
在过去 563 次中性的报告事件之后，大豆 在 5 个交易日内中位数变动 -0.1%（48% 上涨；中间一半区间为 -1.7% 至 +1.6%），20 个交易日内为 -0.1%。
在过去 138 次看跌的报告事件之后，小麦(HRW) 在 5 个交易日内中位数变动 +0.0%（50% 上涨；中间一半区间为 -2.9% 至 +2.4%），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。
The June WASDE (reported 2021-06-11) raised global wheat production, mainly for major exporters, which is bearish for wheat supply balances and plausibly drove part of the HRW decline, though the bullish corn stocks cut partly offsets it.
