Group 1 - Chicago futures market saw a decline in corn, wheat, and soybean prices on August 27, with corn December contract closing at $4.06 per bushel, down 3.5 cents or 0.85% from the previous trading day [1] - Wheat December contract closed at $5.24 per bushel, down 7.5 cents or 1.41%, while soybean November contract closed at $10.48 per bushel, down 2 cents or 0.19% [1] - Exporters are eager to secure global export demand for September and October, which are typically the months with the highest export volumes [1] Group 2 - The USDA has not released export reports for three consecutive days, indicating that end-users and importers have met their year-end demand and are reluctant to chase prices higher at the beginning of the North American harvest season [1] - High yields are reported for corn harvesting in Kentucky, Kansas, and Missouri, with market analysts predicting that the corn December contract price may fall below $4.05 [1] - The 50-day moving average for soybean November contract remains at $10.25, while the target price for Kansas wheat September contract is set between $4.65 and $4.75 [1] Group 3 - U.S. ethanol production remained stable at 315 million gallons, with a decrease in ethanol inventory by 6 million gallons to 947 million gallons, which is an increase of 6 million gallons year-on-year [2] - Daily gasoline consumption rose to 9.24 million barrels, an increase of 400,000 barrels week-on-week [2] - Weather forecasts indicate dry conditions in the Midwest for the next five days, with potential rain expected after September 2, which may alleviate drought concerns [2]
【环球财经】芝加哥农产品期价27日全线下跌