南美作物丰产预期
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【环球财经】CBOT谷物期价涨跌互现 南美丰产预期压制美豆出口
Xin Hua Cai Jing· 2025-11-05 00:57
Group 1 - The core viewpoint of the articles indicates mixed price movements in the Chicago futures market for corn, wheat, and soybeans, driven by changes in export demand and supply dynamics [1][2] - On November 4, 2023, the most active corn contract for December closed at $4.32 per bushel, down 2.75 cents (0.63%) from the previous trading day, while the December wheat contract rose by 6.75 cents (1.24%) to $5.50 per bushel, and the January 2026 soybean contract fell by 12.75 cents (1.12%) to $11.22 per bushel [1] - A significant factor affecting soybean prices is the anticipated increase in Brazil's soybean production, projected to exceed 170 million tons in 2025, allowing for year-round exports, which could hinder U.S. soybean exports unless adverse weather affects Brazil or Argentina [1] Group 2 - Weather forecasts indicate that Brazil will experience rain and thunderstorms in major crop-growing areas over the next two weeks, while Argentina will have rain until November 7, followed by clear weather, which is favorable for wheat harvesting and soybean planting [2] - The favorable weather conditions in South America, including sunshine, rainfall, and moderate temperatures, are expected to contribute to increased crop yields in 2026 [2]