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Ukraine harvested a record 32.8 million tons of wheat in 2021 on a larger sown area and favourable weather. Wheat exports for nine months reached 13.1 million tons worth $3.15 billion, at an average price of $240 per ton versus $198 last year.
A record Ukrainian wheat crop adds supply to world markets and points to strong export volumes, which weighs on wheat prices. Higher average export prices, however, reflect firm underlying demand.
en.usm.mediaРуслан КумековOct 28, 2021After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), 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.
