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Ukraine's grain exports in the 2021/22 season reached 20.98 million tonnes as of 10 November 2021, up 19% year on year. Wheat exports totaled 12.98 million tonnes and corn 3.15 million tonnes.
Wheat exports are capped at 25.3 million tonnes under a memorandum.
Export pace is running ahead of last year, adding to global wheat supply and keeping the wheat export cap relevant. Corn exports are lower in the current month, leaving the corn impact limited.
latifundist.comNov 10, 2021After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.
After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.
