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Staple grain shipments from Ukrainian seaports rose 54% in the week of Feb. 8-14 to 1.17 million tonnes, led by corn.
Egypt, the Netherlands and Libya were the top importers that week.
Strong port flows show Ukrainian export supply is steady and competitive, which is mildly bearish for corn and wheat prices. The effect is modest because the volume is a single weekly figure.
latifundist.comFeb 18, 2020After 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.
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.
