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Ukrainian seaport grain shipments fell 44% in the week of September 7-13 to 881 thousand t. Wheat exports halved to 621 thousand t and corn dropped to 7 thousand t, while barley rose slightly.
Sharply lower wheat and corn loadings reduce Black Sea export availability in the short run. Buyers may need to source from other origins, which supports FOB prices.
latifundist.comSep 17, 2019After 283 past bullish logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.4% to +1.3%), and -0.1% over 20.
After 285 past bullish logistics events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.5%), and +0.8% 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.
