곡물 및 시리얼 인사이트

Soybean and corn futures at the Chicago Board of Trade were trending down in early June, with corn hitting contract lows and soybeans at their weakest levels in months. Relatively favourable Midwestern growing conditions were behind some of the selling pressure, with bearish technical signals contributing to the declines. Corn Most major technical indicators remain bearish for corn, with the July contract nearing major psychological support at US$4.00 per bushel. After that, the next support can be found on a weekly chart around US$3.90 per bushel. The front-month corn contract has not traded below US$4.00 per bushel for an extended period since 2020. Prior to 2020, corn typically traded in the US$3.50 to US$4.00 per bushel area. While the downtrend remains intact, there are signs the corn market is nearing oversold territory and could be due for a correction. A return to the 20-day moving average would see prices back above US$4.50 per bushel. Soybeans Soybeans were at their ...

Feed grain bids in Western Canada are “softening” with the United States corn and wheat futures said Darcy Haley, vice-president of Ag Value Brokers in Lethbridge. “The futures are getting whacked,” Haley said. “Markets are getting pummeled. The bids out in the country are changing.”

The restoration of the Cariang Dam in Sumedang is expected to restore water supply for 2,000–3,000 hectares of agricultural land and increase it.