
The UN and Ukraine said the first grain shipments from Ukrainian ports could move within days under the new agreement. The deal is meant to give safe passage to grain ships blockaded by Russia since February 24.
Russia has blamed Ukraine for mining the port waters.
Expected near-term departures of stranded grain support lower prices, though mine risks and shipping doubts could slow the flow.
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.
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.
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.