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Turkey and the UN announced that the Ukrainian Black Sea grain export deal was renewed on March 18, 2023, before its Saturday expiry. Russia said the extension was 60 days, while Ukraine said 120 days, and more than 11 million tonnes of farm products had shipped from three ports.
Renewal keeps Ukrainian corn and wheat flowing, reducing supply risk and weighing on feed grain prices. The disagreement over duration leaves a future risk of disruption.
aljazeera.com18 mar 2023Tras 87 eventos bajista de geopolítica pasados, Maíz se movió una mediana de +0,1 % en 5 sesiones (51% al alza; mitad central entre -1,5 % y +2,1 %), y +0,3 % en 20.
Tras 80 eventos bajista de geopolítica pasados, Trigo (SRW) se movió una mediana de -0,4 % en 5 sesiones (44% al alza; mitad central entre -1,4 % y +1,9 %), y -0,5 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
Coverage of the same extension, with Russia and Ukraine disagreeing on its length, shows that export flows were continuing, which supports a weekend-to-Monday sell-off.
