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Ukrainian seaports shipped 26.3 million tonnes of staple grains in the 2019/20 season through December 10, up 6.32 million tonnes year on year. Wheat accounted for 13.82 million tonnes and corn for 8.59 million tonnes.
Weekly shipments in the week of Nov. 30 to Dec.
6 rose 50% from the prior week.
Strong Ukrainian export flows add supply to Black Sea wheat and corn markets, adding pressure on world prices and competing with US and Brazilian corn sales.
latifundist.comDec 10, 2019After 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.
After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% 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.
