
Ukrainian corn export prices rose 50-100 UAH/t to 9200-9350 UAH/t amid hryvnia depreciation, and Ukrainian corn exports reached 1.5 million tonnes by October 28, up 60% year on year. US harvest was 81% complete and Chicago December corn fell 1.8% on the week.
Ukrainian export demand is firm, but cheap US corn and ample harvest pressure limit upside for world corn prices, keeping global corn values under pressure.
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 26 past neutral trade events, Brazilian Real (BRL per USD) moved a median -0.1% over 5 sessions (46% higher; middle half -1.4% to +1.4%), and +1.3% over 20.
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.