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Ukraine has exported 13 million tons of products through a Black Sea shipping corridor it set up after Russia withdrew from the grain deal. Ports have accepted 430 vessels for loading since the channel was created.
Sustained corridor throughput supports Ukrainian grain and oilseed export volumes, easing supply tightness for feed buyers and capping upward pressure on Black Sea-origin corn and wheat prices.
bloomberg.comOlesia SafronovaDec 30, 2023After 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.
After 137 past bearish logistics events, Wheat (SRW) moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.0%), and +0.0% 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.
