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A Divulga Study Center survey of UN data found that China received about 5.2 million tons of Ukrainian farm products, or 21.5 percent of exports from Ukrainian ports since August 2022. Corn made up nearly half of the 24.2 million tons shipped, and Spain and Turkey were the next largest buyers.
Strong Chinese and European demand for Ukrainian corn supports export flows and gives feed buyers a read on where Black Sea corn is moving.
ukragroconsult.comMar 17, 2023After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 206 past neutral trade events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.6%), 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.
