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Corn futures have consolidated in a narrow range while cash basis levels are rising sharply. Low test weights, below-normal yields and high moisture are tightening supply, with the author suggesting yields may be closer to 165 bushels per acre than USDA's 168.
Strong cash basis and tight physical supply signal firmer corn prices for feed buyers despite flat futures.
hpj.comHPJ Staff2020年1月31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。
