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Ukraine dispatched its largest grain convoy yet under the UN deal, with 13 ships carrying 282,500 tonnes of agricultural products from Odesa, Chornomorsk and Pivdennyi on 4 September. Eighty-six ships had sailed under the deal by then, carrying 2 million tonnes to 19 countries.
A record convoy shows Ukrainian grain exports accelerating, adding to global wheat and corn supply and pressuring prices lower.
reuters.comSep 4, 2022After 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.
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.
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.
