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Ukraine's grain exports in 2019/20 reached 54.41 million tonnes as of June 3, up 16.1% year on year. Wheat exports were 20.17 million tonnes, corn 28.68 million tonnes, and barley 4.86 million tonnes.
The government is also considering a 14.9 million tonne wheat export limit for 2020/21.
Strong shipments show the export pace is running ahead of last year, which tightens old-crop supply. A proposed 2020/21 wheat export cap would reduce Ukrainian availability and support world wheat prices if adopted.
latifundist.comJun 4, 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 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.
