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Two bulk carriers left Greater Odesa ports on May 28 after a pause caused by Russian interference with the grain initiative. One carried 64,000 tons of corn from Chornomorsk and the other carried 19,500 tons of barley and 44,000 tons of corn from Odesa, with 12 more vessels being loaded.
Resumed sailings restore Ukrainian corn and barley export flows, easing supply concerns and pressuring feed grain prices lower.
ukragroconsult.comMay 29, 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.
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.
