
Ukraine reports that 26 million tonnes of cargo have been exported through its Black Sea corridor since August 2023, including over 18 million tonnes of agricultural products. Ports of Pivdennyi, Odesa and Chornomorsk have nearly returned to pre-war export volumes.
Near pre-war port throughput means more Ukrainian grain reaches world markets, which adds supply and pressures feed grain prices lower.
After 137 past bearish logistics events, WHEAT moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.0%), and +0.0% over 20.
After 359 past bearish logistics events, CORN moved a median -0.3% over 5 sessions (44% higher; middle half -1.5% to +1.5%), and -0.5% over 20.
Not enough comparable past events yet for a historical read.
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.