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Ukraine exported 49.7 million tonnes of grain in the 2018/19 marketing year, up 26% year on year, and is set to overtake Russia as the largest grain exporter. Ukraine's corn exports rose 62% to 29.8 million tonnes, while wheat fell 9% and barley fell 18.6%.
Ukraine's large corn export volumes shape global corn trade flows and competition, and Russia's export outlook also feeds into wheat and barley pricing.
intellinews.combne IntelliNewsJul 2, 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 206 past neutral trade events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.6%), and +0.5% 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.
