Agricultural futures fell sharply early Monday as fears of lockdowns in major Chinese cities over the coronavirus outbreak raised concerns about demand for US meat and energy. Chicago soybeans fell to a six-week low, corn hit a near two-week low, and Dalian soymeal reached a seven-month low.
Expected weaker Chinese consumption and reduced feed and meat demand point to lower prices for soybeans, meal, and corn, with energy also pressured by the demand outlook.
在过去 50 次看跌的疫病事件之后,大豆 在 5 个交易日内中位数变动 +0.5%(58% 上涨;中间一半区间为 -1.7% 至 +2.4%),20 个交易日内为 +0.0%。
在过去 167 次看跌的疫病事件之后,豆粕 在 5 个交易日内中位数变动 -0.6%(40% 上涨;中间一半区间为 -1.8% 至 +1.4%),20 个交易日内为 -0.8%。
在过去 13 次疫病事件之后,豆油 在 5 个交易日内中位数变动 -0.3%(38% 上涨;中间一半区间为 -2.3% 至 +1.2%),20 个交易日内为 -4.6%。
在过去 175 次看跌的疫病事件之后,玉米 在 5 个交易日内中位数变动 +0.0%(51% 上涨;中间一半区间为 -1.7% 至 +1.5%),20 个交易日内为 +0.6%。
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。
Sharp early Monday (Jan 27) agricultural futures losses on Chinese lockdown fears, with soybeans and corn at multi-week lows, spilled over into wheat as a sentiment/demand shock.
Coronavirus lockdown fears hit agricultural and energy futures in the days before Jan 31, raising demand concerns for China and crude-linked biofuel demand, which plausibly pressured soybean oil.