Information note by the UN Secretariat at the Joint Coordination Centre

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.

• Sep 4, 2022Joint Coordination Centre: Over 2 million metric tons of grain and foodstuff exported from Ukraine through Black Sea Grain Initiative | United Nations in Türkiye+0.5%
• Dec 22, 2023Ukraine: the new Black Sea corridor is a success | OSW Centre for Eastern Studies+2.4%
• Dec 4, 2023Infrastructure Minister: 7 million metric tons of cargo transported through Black Sea humanitarian corridor+1.7%
• Dec 1, 2023Projections Call For Rapid Fall In River Levels At St. Louis - The Waterways Journal+2.4%
• Apr 30, 2024Freight rates for the transportation of Ukrainian grain by sea affect its competitiveness+3.0%

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.

• Sep 4, 2022Joint Coordination Centre: Over 2 million metric tons of grain and foodstuff exported from Ukraine through Black Sea Grain Initiative | United Nations in Türkiye-0.5%
• Dec 22, 2023Ukraine: the new Black Sea corridor is a success | OSW Centre for Eastern Studies+0.9%
• Dec 4, 2023Infrastructure Minister: 7 million metric tons of cargo transported through Black Sea humanitarian corridor+0.5%
• Apr 30, 2024Freight rates for the transportation of Ukrainian grain by sea affect its competitiveness+2.3%
• Feb 26, 202426 Million Tons Of Cargo Exported Through Ukraine’s Black Sea Corridor » The Center for Transport Strategies-4.4%

Not enough comparable past events yet for a historical read.