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Ukrainian seaports shipped 4.06 million tonnes of major grains in September 2020, down 24.7% from August. Wheat shipments fell 16.1% to 3.34 million tonnes, barley halved to 672 thousand tonnes, and corn dropped more than threefold to 48 thousand tonnes.
Lower Ukrainian port shipments mean more grain stays in the origin market, which is mildly bearish for Black Sea export prices for wheat and barley.
apk-inform.comOct 13, 2020After 375 past bearish trade events, WHEAT moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.
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.
