Commodity supplies at risk as Russia invades Ukraine

After 323 past bullish geopolitics events, CORN moved a median +0.5% over 5 sessions (57% higher; middle half -1.5% to +2.9%), and +0.9% over 20.

• Feb 23, 2022Impact of Russia-Ukraine on supply chains: food, metals, commodities+7.5%
• Feb 24, 2022Ukraine shuts ports as conflict threatens grain supplies | Reuters+6.5%
• Nov 3, 2022Weekly Commodities Strategy: Russia-Ukraine War, Dryness In-0.6%
• Feb 24, 2022Wheat, soybeans hit nine-year highs as Russia invades Ukraine+6.5%
• Feb 24, 2022Ukraine Russia Invasion: Commodity Exports in Chaos as Rail and Ports Close - Bloomberg+6.5%

After 361 past bullish geopolitics events, WHEAT moved a median +0.7% over 5 sessions (58% higher; middle half -1.4% to +3.7%), and +1.3% over 20.

• Feb 24, 2022Dollar jumps to near two-year high as Russia invades Ukraine | Reuters+6.8%
• Mar 23, 2022How Russia's invasion of Ukraine rocked commodity markets+1.3%
• Aug 7, 2023The Commodities Feed: Russia-Ukraine tensions add to oil supply risks | articles | ING THINK+0.5%
• Feb 23, 2022Impact of Russia-Ukraine on supply chains: food, metals, commodities+6.4%
• Feb 24, 2022Ukraine shuts ports as conflict threatens grain supplies | Reuters+6.8%