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Ukrainian new-crop wheat and corn are trading at or above old-crop levels, removing the usual discount. New-crop wheat offers are about $234/t FOB and November corn about $230/t FOB.
The unusual absence of a new-crop discount signals tight nearby supply expectations in the Black Sea and supports Ukrainian feed grain prices.
Not enough comparable past events yet for a historical read.
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.