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Staple grain shipments through Ukrainian seaports fell 23% week on week to 1.34 million tonnes in the week of Dec. 7 to 13.
Wheat exports dropped 30% and corn shipments fell 18%. Spain, Turkey and Portugal were the top importers that week.
A weekly dip in Black Sea shipments trims near-term export supply, a modest support for wheat and corn prices, though the season total remains large.
latifundist.comDec 16, 2019After 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.
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.
