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Corn Futures(JUL4) News
[Daily Weather Tracker] There will be rainfall in many parts of the American Plains, Midwest, and Mid-South in the next 5 days
The US National Weather Service's 6-10 day forecast from June 4 to June 8 predicts that temperatures in almost all regions of the country will be above normal, and precipitation in most regions is close to or above normal.
May 30 Technical Analysis Report: Spot Gold, WTI Crude Oil, CBOT Soybeans
This article summarizes the latest opinions of economies.com analysts today, including spot gold, WTI crude oil, CBOT soybeans, and many other varieties!
Huatai Securities: New soybean supply and demand easing, global corn production may be reduced
The USDA slightly lowered the forecast for Brazilian soybean production by 1 million tons due to the severe flooding in southern Brazil. The impact is still ongoing, and continuous follow-up is required.
[Daily Weather Tracking] The cool and dry weather in the US corn belt is very conducive to spring planting
The US National Weather Service's 6-10 day forecast from June 3 to June 7 predicts that the national temperature will be higher than normal, and precipitation will be higher than normal in the northwestern Pacific Ocean and most of the south, east, and lower Midwest.
Last week's soybean export inspection volume was in line with expectations
According to data from the US Department of Agriculture, as of May 23, 2024, the US soybean export inspection volume was 212,105 tons. After the previous week's correction, it was 192,232 tons, and the initial value was 18,4128 tons.
[Daily Weather Tracking] Recent rainfall in the southern United States has partially restricted field operations
The US National Weather Service's 6-10 day forecast from June 2 to June 6 predicts that most parts of the country may experience temperatures close to or above normal, with the exception of parts of Georgia and Carolina.
How did the weather in the US in June and July affect the growth of soybeans and corn?
Although delays in planting this spring have reduced the average yield potential of the crop, the weather forecast for June and July doesn't look particularly threatening.
Analyst: CBOT corn market usually reaches seasonal highs in the third week of June
The food market has seen a good rebound due to short fund recovery and weather as a catalyst
The sharp consolidation of the Russian wheat market and market share ambitions have led to increased global price fluctuations
① Since the Russian-Ukrainian conflict, the Russian food market has been controlled by a small number of companies. This has strengthened the Russian government's supervision of the export market, but it has also had some side effects; ② Although global commodity traders are still trading food in the Russian market, they are unable to accurately understand the country's food situation, causing the global market to be in a tight state.
[Daily Weather Tracking] Warm and humid conditions in the southern United States are promoting the maturation of winter wheat and the development of summer crops
The US National Weather Service's forecast for 6 to 10 days from May 29 to June 2 shows that with the exception of the northwestern Pacific Ocean and the eastern part of the United States, which are colder, the temperature is close to or above normal in most parts of the country.
[Daily Weather Tracking] Warm and dry weather in the US corn growing belt is beneficial to field work
The US National Weather Service's 6-10 day forecast from May 28 to June 1 predicts that the northwestern Pacific Ocean, the eastern corn belt, and the southeastern inland may experience lower than normal temperatures.
[Daily Weather Tracking] The weather is cool and dry in most parts of the US corn growing belt
The US National Weather Service's 6-10 day forecast from May 27 to 31 predicts that temperatures in most parts of the Midwest may be lower than normal.
Conab and USDA have huge differences in soybean production in Brazil
The USDA Crop Progress Report for the week ending May 19 brought some relief to the progress of corn cultivation in the US and its potential impact on yield
[Daily Weather Tracker] In most parts of the western United States, dry weather favors field work in late spring
The US National Weather Service forecast for 6 to 10 days from May 26 to 30 predicts that temperatures are close to or above normal in most parts of the country.
The soybean market is adding some premiums due to weather and crop problems in southern Brazil
CBOT grains resumed gains yesterday due to weather problems. Wheat led by concerns about global production, followed by corn and soybeans.
Is Russia's wheat freeze damage situation more serious than expected? The old rival America is trying to take advantage of it to get in
① On Monday, both the European market and the Russian market saw a rise in wheat prices, which may indicate that the Russian freeze will have a far greater impact on wheat production than expected; ② At the same time, the wheat harvest in Kansas, the largest producer in the US, is expected, which has fueled the ambition of the US to harvest Russian wheat market share.
[US Weather Hype Guide] US soybean planting rate is higher than market expectations
As of May 19, the US soybean cultivation rate was 52%, and the market forecast was 49%. The previous week was 35%, 61% in the same period last year, and the five-year average was 49%.
The export inspection volume of soybeans was drastically reduced month-on-month, which was lower than market expectations!
According to data from the US Department of Agriculture, as of May 16, 2024, the US soybean export inspection volume was 18,4,128 tons. After the previous week's revision, it was 43,3068 tons, and the initial value was 40,6052 tons.
May 20 Technical Analysis Report: Spot Gold, WTI Crude Oil
This article summarizes the latest opinions of economies.com analysts today, including spot gold, WTI crude oil, and many other varieties!
[Daily Weather Tracker] Showers again appeared in Ohio, further delaying field work
The US National Weather Service's 6-10 day forecast from May 22 to 26 predicts that rainfall is likely to be close to or above normal in most parts of the US.