◂ Event Timeline

Dec 17, 2020TRADEUkraine

Sea port corn export up 1.7x in November

Ukrainian sea ports shipped 4.9 million mt of staple grains in November, up 6.5% from October. Corn exports rose 1.7 times to 3.48 million mt, while wheat exports fell to 1.16 million mt.

WHY IT MATTERS

Stronger corn shipments show export demand is firm, but the monthly volume is a routine flow update that does not change the price outlook much.

AFFECTSCorn◆

SOURCE
latifundist.comDec 17, 2020

Price reaction & history

Corn◆neutralSO FAR1d +0.7%5d -1.9%20d +15.2%

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.

Jun 2, 2020Ukraine's May 16-29 sea port grain exports halved — Latifundist.com+2.9%
Feb 25, 2020Ukraine's Feb 15-21 sea port wheat shipment up 1.7x wk/wk — Latifundist.com+0.4%
Oct 16, 2019Ukraine's Oct 5-11 sea port exports down 50 pct wk/wk — Latifundist.com-1.2%
Oct 23, 2019Grain shipment in sea ports 50 pct improved — Latifundist.com-2.0%
Nov 9, 2020Ukraine's Jan-Oct sea port grain exports overstepped 39 mln t — Latifundist.com-0.9%

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 CORN · GP ▸

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