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Ukrainian seaports shipped 1.24 million tonnes of staple grains in the week of Nov. 23 to 29, up 7% week on week.
Wheat exports rose 32% to 343 thousand tonnes, while corn exports climbed 5%. Since the start of 2019/20, Ukraine has exported 24.81 million tonnes.
Rising Ukrainian wheat exports add supply to world markets, a mild bearish factor for wheat prices as Black Sea competition grows.
latifundist.comDec 3, 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.
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.
