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At the IGC's Black Sea webinar on 29 November, the UN said the grain corridor had exported 12 million tonnes since July, but 71 ships were queuing and waits reached a month. Rail border crossings faced 18-20 hour delays, and the World Bank urged alternative routes via Romania, Bulgaria and the Danube.
Persistent port and border bottlenecks cap Ukrainian grain export capacity, supporting world wheat and corn prices while buyers seek alternative supply.
ofimagazine.comQuartz Business MediaDec 1, 2022After 285 past bullish logistics events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.5%), and +0.8% over 20.
After 283 past bullish logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.4% to +1.3%), and -0.1% 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.
