Loading…
Seaborne grain flows through the Black Sea corridor averaged 102,051 mt/day over Jan. 1-28, 15% below December, with flows easing further in late January.
Inspection delays remain unresolved, and grain shipments under the deal reached 18.94 million mt as of Jan. 28.
Slower inspections reduce Ukrainian export capacity and support international corn and wheat prices, while freight rates to Egypt remain elevated.
worldports.orgJan 31, 2023After 285 past bullish logistics events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.5%), and +0.8% over 20.
After 283 past bullish logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.4% to +1.3%), and -0.1% 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.
