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Ukraine's grain exports fell by a third to 2.33 million tonnes in July, the first month of the 2020/21 marketing season. The shipments included 1.19 million tonnes of wheat, 424,000 tonnes of corn and 714,000 tonnes of barley.
The government has not forecast 2020/21 exports, and output may fall on poor weather.
Smaller Ukrainian export flows reduce global wheat and corn availability, supporting feed grain prices.
brecorder.comReutersJul 31, 2020After 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.
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.
