Loading…
Ukraine exported 1.69 million tonnes of grain and legumes in the 2019/20 season to date, up 2.2 times year on year. Corn exports reached 1.04 million tonnes, up 756 thousand tonnes, while wheat was 322 thousand tonnes and barley 327 thousand tonnes.
Rapid corn export growth from Ukraine increases competition for corn sales in export markets, which is mildly bearish for corn prices.
latifundist.comJul 20, 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.
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.
