Nearly 25 million tonnes of grain stuck in Ukraine, says UN food agency

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.

• May 1, 2022Ukraine Is Sitting on 15 Million Tons of Grain it Can't Move-0.3%
• Sep 12, 2024Ukraine says Russia hit grain vessel near NATO member Romania | Reuters-1.8%
• Apr 15, 2022Ukraine says grain on ships in blocked Black Sea ports may deteriorate | Reuters-0.7%
• Jun 1, 2023Ukraine says Russia again blocking Black Sea grain export deal | Reuters-3.6%
• Jun 2, 2023Ukraine has 'plan B' to continue exports if grain deal collapses, minister says | Reuters-3.8%

After 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.

• May 1, 2022Ukraine Is Sitting on 15 Million Tons of Grain it Can't Move-8.1%
• Sep 12, 2024Ukraine says Russia hit grain vessel near NATO member Romania | Reuters+4.9%
• Apr 15, 2022Ukraine says grain on ships in blocked Black Sea ports may deteriorate | Reuters+2.1%
• Jun 1, 2023Ukraine says Russia again blocking Black Sea grain export deal | Reuters-2.2%
• Jun 2, 2023Ukraine has 'plan B' to continue exports if grain deal collapses, minister says | Reuters-1.5%