
Russian 12.5% wheat in deep-sea ports rose $7 to $255/mt, a new season high, tracking global benchmarks. Chicago corn rose more than 4% in the week, driven by strong Chinese import demand and doubts about the Black Sea corn crop.
Strong Chinese corn buying and a possible overstatement of Black Sea corn supply tighten export availability, which supports corn and wheat prices.
After 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.