◂ Event Timeline

Jun 22, 2019REPORTUkraine

Grain export 2018/19: corn shipment up 12 mmt y-o-y

Ukraine's cumulative 2018/19 grain exports reached 48.9 million tonnes as of June 21, up 25.6% year on year. Corn exports were 29.2 million tonnes, up 11.8 million, and wheat was 15.5 million tonnes, down 1.4 million.

TIS terminals led port transshipment in May.

WHY IT MATTERS

Strong corn export totals show ample Black Sea supply, which is bearish for export corn prices.

AFFECTSCorn▼

SOURCE
latifundist.comJun 22, 2019

Price reaction & history

Corn▼bearishSO FAR1d +2.2%5d -1.5%20d -2.2%

After 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.

Jun 27, 2019Grain export 2018/19: shipment reaching 50 mmt — Latifundist.com-2.5%
Jun 22, 2021June grain stocks in Ukraine 14% up YoY: state statistics — Latifundist.com+1.1%
Dec 12, 2018USDA raises 2019 wheat and corn ending stocks | 2018-12-12 | World Grain+1.1%
Oct 12, 2018USDA raises corn, soybean and wheat ending stocks estimates | 2018-10-12 | World Grain+2.4%
Oct 10, 2019Chart Of Note: U.S. Exports Of Feed Grains In All Forms (GIAF) Decline In 2018/2019, But Still Represent Third Largest Year On Record - U.S. Grains & BioProducts Council+0.1%

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.

Corn CORN · GP ▸

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