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Ukraine's staple grain exports reached 21.32 million tonnes in the 2020/21 season through November 30, down 14% year on year. Wheat shipments under the memorandum reached 68% of the 17.5 million tonne limit, while corn exports fell 29%.
Lower Ukrainian corn and wheat shipments tighten Black Sea export availability, mildly supportive for wheat and corn prices, with the wheat export cap approaching binding levels.
latifundist.comЛюдмила ГоробецNov 30, 2020After 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.
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.
