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APK-Inform reports that Ukraine and Russia normally account for about 30% and 35% of world wheat and barley exports. The 2020/21 forecasts for grain production and exports have been affected by weather and COVID-19 quarantine restrictions.
Black Sea supply constraints from weather and quarantine rules tighten the export balance for wheat and barley, which supports world feed and milling grain prices.
apk-inform.comSep 19, 2020After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% 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.
