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A total of 151 ships have used the Ukrainian Black Sea corridor, according to deputy minister Yuriy Vaskov. Cargo shipped so far totals 4.4 million metric tons, including 3.2 million tons of grain.
Steady corridor throughput adds grain supply outside the Russian-controlled system, which is bearish for wheat and corn. The volumes show the route is absorbing a meaningful share of Ukraine's exports.
reuters.comNov 17, 2023After 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.
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.
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.
