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Ukrainian seaports shipped 2.3 million tonnes of major grains in June 2021, down about 1.4 times from May's revised 3.3 million tonnes. Corn exports fell to 1.5 million tonnes while wheat shipments dropped to 688 thousand tonnes and barley rose to 111 thousand tonnes.
A sharp drop in Ukrainian port shipments tightens near-term Black Sea export availability for feed buyers, which supports corn and feed wheat values out of the region.
apk-inform.comJul 15, 2021After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.
After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% 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.
