Ukrainian seaports shipped 5.4 million tonnes of grains in October 2021, up 1.6% from September. Corn exports rose about eightfold to 1.3 million tonnes, while wheat fell 18.6% to 3.4 million tonnes and barley fell 31.2% to 0.67 million tonnes.
A sharp rise in Ukrainian corn exports adds to global corn supply available to importers such as China, which is modestly bearish for corn prices. The wheat and barley declines tighten those markets slightly.
After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% over 20.
After 206 past neutral trade events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.6%), 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.