The latest USDA world markets report shows global wheat production and ending stocks at record levels, with projected 2019/20 ending stocks at 292.8 million tonnes. Despite this, wheat and rice prices have rallied as some countries restrict exports and others increase purchases amid COVID-19 food security concerns.
Export restrictions and state buying can tighten tradable supplies and lift prices even when aggregate stocks are large, supporting feed grain costs for buyers.
在过去 88 次看涨的报告事件之后,稻谷 在 5 个交易日内中位数变动 +0.0%(50% 上涨;中间一半区间为 -1.5% 至 +2.1%),20 个交易日内为 +2.5%。
在过去 180 次看涨的报告事件之后,小麦(HRW) 在 5 个交易日内中位数变动 +0.4%(53% 上涨;中间一半区间为 -2.1% 至 +3.7%),20 个交易日内为 -0.6%。
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。
USDA report notes rice prices rallied as exporters restrict shipments and importers boost purchases, a direct sentiment and trade-flow driver of the rally.