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AgResource reported that CBOT agricultural futures rose on strong demand, with corn ending sharply higher and US wheat posting new contract highs in Kansas and Europe. Analysts flagged record-low exporter wheat stocks and a possible Argentine dryness risk under La Nina.
They expect USDA's November report to be a key event.
Tight exporter wheat stocks and possible Argentine corn losses support prices, while a USDA production increase would be bearish for corn.
ukragroconsult.com2021年11月1日在过去 1,465 次看涨的天气事件之后，玉米 在 5 个交易日内中位数变动 +0.2%（54% 上涨；中间一半区间为 -1.4% 至 +1.9%），20 个交易日内为 +0.9%。
在过去 1,072 次看涨的天气事件之后，小麦(SRW) 在 5 个交易日内中位数变动 +0.2%（55% 上涨；中间一半区间为 -1.4% 至 +2.3%），20 个交易日内为 +0.3%。
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。
Strong demand, new contract highs, record-low exporter stocks and Argentine dryness risk fueled bullish sentiment.
Describes corn ending sharply higher on strong demand, with wheat contract highs adding spillover buying, on the day of the move.
