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Ukraine's cumulative 2018/19 grain exports reached 49.58 million tonnes as of June 27, up 24.9% year on year. Corn exports were 29.73 million tonnes, up 12.06 million, while wheat was 15.57 million tonnes, down 1.5 million.
Early harvesting started in ten regions.
Large year-on-year corn export volumes keep Black Sea corn supply ample, a bearish influence on export prices.
latifundist.comJun 27, 2019After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
After 406 past neutral report events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% 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.
