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Ukraine's exports of wheat, barley and corn rose week on week to mid-October but remained below year-earlier levels. Corn exports were the lowest for the period since 2021-22 because harvest delays left farmers far behind the prior year's pace.
Slow corn harvesting and reduced shipments tighten near-term Black Sea corn supply, supporting corn prices.
argusmedia.comAlexey YerominMar 25, 2024After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.
After 206 past neutral trade events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.6%), and +0.5% 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.
