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Ukraine's staple grain exports for 2021/22 reached 15.95 mln t as of 13 October, up 18% year on year. Wheat accounted for 10.2 mln t of the total, and corn exports were 1.54 mln t.
The USDA kept its Ukrainian wheat export forecast at 23.5 mln t.
Faster shipments show strong export movement, but the 25.3 mln t wheat cap and steady USDA forecasts limit the price impact. Feed buyers should expect little change in supply.
latifundist.comOct 13, 2021After 206 past neutral trade events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.6%), and +0.5% over 20.
After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.
