The May USDA report projects 2018/19 world wheat production falling below consumption for the first time in years, and coarse grain ending stocks dropping 38 million tonnes to 185 million. Coarse grain production is forecast at 1,341 Mt, with consumption at 1,378 Mt.
Projected stock declines in wheat and coarse grains point to tighter supplies and firmer feed grain prices in the coming season.
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%。
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%。
历史可比事件尚不足,暂无法给出历史解读。
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。
The USDA projection that coarse grain ending stocks would fall 38 Mt as consumption exceeds production tightens the outlook for feed grains, which supports oats as a substitute and adds bullish sentiment.