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Chinese importers are reportedly buying Ukrainian barley for August-October shipment, with about 3 to 10 cargoes traded at roughly $284-$287/mt CFR. Barley offers have fallen about $20/mt over the past week and a half as harvest pressure builds.
Strong Chinese import interest supports Black Sea barley export demand, but falling offers as harvest arrives point to softer near-term barley prices.
fastmarkets.comMasha Belikova, Cai ChenJul 9, 2021Not enough comparable past events yet for a historical read.
After 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.
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.
