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Following USDA's WASDE report, cash corn fell sharply before partly recovering. FOB ethanol plant DDGS rose for a fifth straight week, while Gulf DDGS eased to $208 for September shipment.
Cattle feeder demand for DDGS is expected to increase into late 2018 and early 2019.
Expected stronger domestic cattle-feeder demand in Q4 2018 and Q1 2019 supports DDGS prices, while the WASDE-driven corn decline reduces feed costs.
历史可比事件尚不足,暂无法给出历史解读。
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。