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Ukraine's staple grain exports reached 11.41 million tonnes in 2020/21 as of September 28, down 14% year on year. Wheat exports were 7.96 million tonnes, corn fell 47.3%, and barley was down 1.8%.
Lower Ukrainian corn exports reduce Black Sea corn supply to world markets, a mildly bullish factor for corn and feed prices.
latifundist.comSep 28, 2020After 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.
After 206 past neutral trade events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.6%), 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.
