Wheat recovers from 2021 lows; Black Sea grain in focus - Markets

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.

• Jun 1, 2020Ukraine seaport grain exports fall - Markets - Business Recorder-1.2%
• Aug 19, 2020Ukraine's 2020/21 grain exports fall 19.8pc so far - Markets - Business Recorder+3.1%
• Oct 25, 2025Black Sea Grain Market Analysis+3.8%
• Mar 2, 2018Exclusive: Sierentz Global Merchants to start grain trade in May with Black Sea focus | Reuters+0.5%
• Sep 29, 2026US soybeans rise on bargain buying, China tariff decision limits gains - Markets - Business Recorder-3.1%

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.

• Jun 1, 2020Ukraine seaport grain exports fall - Markets - Business Recorder+2.0%
• Nov 29, 2022Wheat recovers from 3-month low, Black Sea supplies limit gains-3.8%
• Mar 2, 2018Exclusive: Sierentz Global Merchants to start grain trade in May with Black Sea focus | Reuters+1.2%
• Sep 29, 2026US soybeans rise on bargain buying, China tariff decision limits gains - Markets - Business Recorder-4.3%
• Sep 24, 2025Soybeans ease to nearly 6-week low on harvest pressure, lack of China demand - Markets - Business Recorder-2.9%

After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% over 20.

• Nov 29, 2022Wheat recovers from 3-month low, Black Sea supplies limit gains-1.3%
• Oct 20, 2024China September soy imports from US up 13-fold Y/Y - Markets - Business Recorder+1.8%
• Dec 20, 2024China’s Nov soy imports from Brazil falls 25% y/y, US arrivals jump - Markets - Business Recorder+1.8%
• Oct 25, 2025Black Sea Grain Market Analysis+5.6%
• Sep 29, 2026US soybeans rise on bargain buying, China tariff decision limits gains - Markets - Business Recorder-0.6%