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ProAg's review of the August USDA reports recaps the surprise WASDE: corn yield, acreage and production were well above pre-report estimates and December corn fell 25 cents. It also gives world 2019-20 corn ending stocks of 307.7 million tonnes, compared with 298.9 million in July.
Higher world corn ending stocks suggest ample global feed supplies, which keeps downward pressure on corn and feed prices.
proag.com2019年8月14日在过去 1,102 次看跌的报告事件之后，玉米 在 5 个交易日内中位数变动 -0.2%（47% 上涨；中间一半区间为 -1.8% 至 +1.3%），20 个交易日内为 +0.0%。
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 review recaps the WASDE surprise, with December corn down 25 cents and world corn ending stocks raised.
