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Ukrainian seaports had shipped 26 million tonnes of staple grains since the start of 2019/20 as of December 6, up 6.79 million tonnes year on year. Corn shipments were 8.44 million tonnes, 2.07 million tonnes more than a year earlier.
Oilseed exports also rose to 4.5 million tonnes from 2.7 million.
Higher Ukrainian corn and oilseed exports increase global supply competition, which weighs on export prices for corn and related oilseeds.
latifundist.comDec 6, 2019After 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.
After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.
After 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.
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.
