Ukraine says its Black Sea grain corridor is working

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.

• Nov 9, 2023Ukraine: Alternative Black Sea export corridor is working despite attack | Reuters-2.9%
• Nov 17, 2023Ukraine says 151 ships have used Black Sea corridor | Reuters+3.7%
• Oct 24, 2023Ukraine Exports 700,000 T Grain Via New Black Sea Corridor - Minister+1.8%
• Aug 21, 2023Ukraine may use new Black Sea route for grain shipments -producers | Reuters-2.4%
• Nov 14, 2023Ukraine says agreed with Britain discounts on insurance for Black Sea exports | Reuters+2.7%

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.

• Nov 9, 2023Ukraine: Alternative Black Sea export corridor is working despite attack | Reuters-1.5%
• Nov 17, 2023Ukraine says 151 ships have used Black Sea corridor | Reuters-1.2%
• Oct 24, 2023Ukraine Exports 700,000 T Grain Via New Black Sea Corridor - Minister-4.3%
• Aug 21, 2023Ukraine may use new Black Sea route for grain shipments -producers | Reuters-1.1%
• Jul 25, 2022First Ukraine Black Sea grain shipments could move in days - U.N., Ukraine-0.8%

Not enough comparable past events yet for a historical read.