◂ Event Timeline

Jan 26, 2021REPORTUS

Baltic Dry Index as of January 25

The USDA Grain Transportation Report for the week ending January 21, 2021 showed total grain inspections for export of 4 million tonnes, up 12% week over week and 98% year over year. Wheat inspections jumped 85% and corn rose 52%, while soybeans fell 13%.

Barge movements in 2020 rose 37% from 2019.

WHY IT MATTERS

Strong export inspections signal robust US grain demand and firm export flows, supporting prices for corn and wheat.

AFFECTSCORN▲WHEAT▲BARGE▲

SOURCE
en.portnews.ruPortnewsJan 26, 2021

Price reaction & history

CORN▲bullishSO FAR1d +2.4%5d +5.1%20d +1.5%

After 1,040 past bullish report events, CORN moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.

Feb 4, 2021Another surge in the value of FAO Food Price Index in January --3.1%
Jan 13, 2025January 13, 2025 - Newswires+1.7%
Feb 4, 2023FAO Food Price Index continues to decline in January 2023 | PotatoPro+2.0%
Jan 27, 2025January 2025 USDA Feed Outlook report | Ag Proud-0.8%
Jan 25, 2024Grain Transportation Report, January 25, 2024-0.8%

WHEAT▲bullishSO FAR1d +0.4%5d -9.4%20d -0.2%

After 769 past bullish report events, WHEAT moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.

Feb 4, 2021Another surge in the value of FAO Food Price Index in January --0.2%
Jan 12, 2017India 2017 | World-grain.com | January 12, 2017 19:50 | World Grain+0.9%
Jan 25, 2024Grain Transportation Report, January 25, 2024-0.4%
Feb 3, 2017FAO Food Price Index edges higher in February+3.8%
Dec 11, 2019More Details Expected in January WASDE Report | Red River Farm Network+2.6%

BARGE▲bullish

Not enough comparable past events yet for a historical read.

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.

CORN · GP ▸

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WHEAT · GP ▸

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