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Kyiv says EU transport subsidies will help Ukrainian grain move through alternative routes after Russia withdrew from the UN-backed grain deal the previous month. Ukraine has been relying on river ports and railways for exports.
Subsidised overland and river routes can keep Ukrainian grain flowing to EU and world buyers, limiting upward pressure on wheat and corn prices.
reuters.comAug 22, 2023After 137 past neutral policy events, Wheat (SRW) moved a median -0.4% over 5 sessions (43% higher; middle half -1.9% to +1.2%), and +0.3% over 20.
After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% 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.
