Short-term outlook report: EU agricultural markets remain stable despite the Russian invasion of Ukraine

After 406 past neutral report events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% over 20.

• Oct 9, 2023Short-term outlook of agricultural markets: EU farmers keep up production in spite of adverse weather events - Agriculture and rural development+5.3%
• Feb 22, 2024Global wheat shipments withstood the shock of Russia’s invasion of Ukraine-4.3%
• Jan 3, 2025Ukraine hits $24.5 billion in agro-exports, nearing pre-war levels, Agriculture Ministry reports-1.9%
• Mar 9, 2021U.S. Department of Agriculture kicks can down the road on domestic stocks in March WASDE - Agweek | #1 source for agriculture news, farming, markets-0.2%
• Feb 10, 2024World Agricultural Supply and Demand Estimates - The Roosevelt Review-4.8%

After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.

• Oct 9, 2023Short-term outlook of agricultural markets: EU farmers keep up production in spite of adverse weather events - Agriculture and rural development-0.2%
• May 16, 2018Jim Hilker: Market Outlook - May 2018 - Department of Agricultural, Food, and Resource Economics+0.3%
• Sep 3, 2019Long-Term U.S. Agricultural Outlook Affected Broadly by Uncertainty of China’s Markets | Economic Research Service-6.0%
• Jan 3, 2025Ukraine hits $24.5 billion in agro-exports, nearing pre-war levels, Agriculture Ministry reports-0.3%
• Mar 9, 2021U.S. Department of Agriculture kicks can down the road on domestic stocks in March WASDE - Agweek | #1 source for agriculture news, farming, markets-10.3%

Not enough comparable past events yet for a historical read.