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Miller Magazine reports that Russia's invasion of Ukraine has disrupted EU grain markets, raising prices and boosting intra-EU trade. The EU is seeking alternative corn supplies to replace Ukraine's, and planting challenges and port damage add uncertainty for 2022/23.
Loss of Ukrainian corn and wheat exports shifts demand toward EU and other origins, supporting corn prices and widening trade flows.
millermagazine.comNewclick Dijital Reklam AjansıMay 16, 2022After 323 past bullish geopolitics events, Corn moved a median +0.5% over 5 sessions (57% higher; middle half -1.5% to +2.9%), and +0.9% over 20.
After 361 past bullish geopolitics events, Wheat (SRW) moved a median +0.7% over 5 sessions (58% higher; middle half -1.4% to +3.7%), 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.
