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Ukraine's Minister Kubrakov says 33.8 million tonnes of cargo, including 23.1 million tonnes of agricultural products, moved through the Ukrainian sea corridor in seven months to 40 countries. State Customs data show Ukraine exported 34.6 million tonnes of grains and pulses in 2023/24 through March 29, with wheat at 13.7 million tonnes.
Export volumes near pre-war levels add steady supply to world wheat and barley markets, which is bearish for prices, while the rise in wheat exports offsets lower barley shipments.
ukragroconsult.comApr 1, 2024After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.
Not enough comparable past events yet for a historical read.
After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
