
The August WASDE surprised markets with a smaller corn acreage decline than pre-report estimates, and CBOT December corn fell 24.4 cents to a low of $3.706 per bushel. USDA raised its ending stocks estimate by 8.5%, to 2,181 million bushels, and lifted its wheat yield to 51.6 bushels per acre.
KC HRW wheat fell 24.8 cents on Monday before partly recovering.
The larger-than-expected corn supply and higher stocks outlook pressure corn and wheat prices. Feed buyers face lower corn costs, while the market watches export sales for support.
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%。
在过去 138 次看跌的报告事件之后,小麦(HRW) 在 5 个交易日内中位数变动 +0.0%(50% 上涨;中间一半区间为 -2.9% 至 +2.4%),20 个交易日内为 +0.5%。
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。
It reports KC HRW wheat falling 24.8 cents on the WASDE Monday, driven by higher corn stocks and a raised US wheat yield, which matches the size of the move, though it was published later and describes the same event as the WASDE.