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USDA's July WASDE kept corn yield at 178.5 bushels per acre and raised 2019/20 corn ending stocks to 2.24 billion bushels. New-crop corn ending stocks fell to 2.64 billion bushels, below June's estimate and slightly below the trade guess.
USDA also reported a sale of 1.3 million metric tons of corn to China.
Lower new-crop corn stocks tighten the outlook and support the corn price, while the China sale adds to export demand. Exports remain behind last year's pace, which limits the upside.
agri-pulse.comBen Nuelle2020年7月10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。
