International grain and oil Morning Post: Corn
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Last Update: 2001-07-31
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Source: Internet
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Author: User
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Introduction: the latest corn price in the world market on July 27 -------------------------------------------------------------------------September 218.25-1.00 August 18.50 93.21 August 19.50 93.60 December 229.50-1.75 September 22.50 94.78 September 23.50 95.18 March 239.50-1.50 October 15.00 96.26 October 16.00 96.65------------------------------------------------------------------------- Weather conditions: in the middle of next week, the Midwest of the United States is hot and dry, making traders in their country believe that their country's corn production will decline The temperature in China is normal now, there will be rainfall in the future, and there is a certain humidity in the soil now After a week of rainfall, from the beginning of next week, the weather in North Central China will be hotter and drier, which will have a more serious impact on corn In Europe, Ukraine's hot weather hit their country's corn production the most, and Hungary's corn growth was better Market analysis: American corn futures are relatively low But as a whole, corn futures fluctuate a lot According to the weather forecast in the United States, the quality grade composition of corn in the United States will decline The proportion of good or excellent corn is only 59%, compared with 75% last year In the future, the weather conditions will also have a great impact on China's corn production, which is estimated to drop by 15 million tons Sales in the United States are expected to be 1.4 million tons a week Outlook: last week, the quality level of corn in the United States rose by 6% We don't think the quality level of corn will rise by 6% this week, but it may rise by 2% to 4% That is to say, good or excellent corn is estimated to account for 63% That's a lot lower than the USDA's previous estimate of 75% By the very hot weather forecast in the middle of next week, corn production in the United States will decline Trade: Japan, 101600 tons of American corn, shipment period is 01 / 02 Bidding: Taiwan Sugar Company, July 27, 30000 tons of American corn, shipment period is from the second half of August to September Honduras / Commercial Credit Corporation, July 31, 6.96 kilotons of us yellow corn No.2, for donation, shipment date is August.
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