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Ukraine has sent around 80,000 tonnes of grain to the Romanian Black Sea port of Constanta, with more expected. The grain arrived by rail and by barge on the Danube, and the port says it can handle additional exports.
Growing rail and Danube routes through Romania partly offset the Black Sea blockade, modestly easing export bottlenecks and limiting upward pressure on grain prices.
reuters.comApr 26, 2022After 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.
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.
