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USDA released its July WASDE on July 11, based on the June 28 Acreage report. It raised projected 2019-20 corn production by 195 million bushels and increased ending stocks by 335 million bushels to about 2 billion bushels.
Feed and residual use was raised by 25 million bushels, and USDA said silking was behind average.
Higher corn production and stocks add bearish pressure to corn and feed grain prices, with the crop's late pollination adding some weather risk.
hpj.comHPJ Staff2019年7月12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%。
历史可比事件尚不足，暂无法给出历史解读。
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。
