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Russia's main grain exports through Haihe Port reached 5.09 million tonnes in August 2020, up 35.8% from July. Wheat exports rose 45.3% to 4.3 million tonnes, while corn fell 22.9% and barley rose 5.9%.
Strong Russian wheat export flow adds supply to world markets, a modestly bearish signal for wheat prices.
sdilogistics-shippings.comSep 20, 2020After 375 past bearish trade events, Wheat (SRW) 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.
