In 2019/20 MY, five countries of the Black Sea region to produce almost 250 mln tonnes of major grains

After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.

• Jul 2, 2024Russia boosts grain exports to 68.4 mln tonnes in 2023-24 agro season, 55.9 mln tonnes of wheat - analysts+8.9%
• Oct 1, 20222.7 million metric tons of grain and other foodstuffs were moved from Ukraine under Black Sea Grain Initiative-0.1%
• Jul 15, 2019Black Sea origins set for fast start to export season: USDA - Grain Central-0.5%
• Apr 29, 2025EU grain production set to bounce back+2.1%
• Jun 16, 2020Rebound in grain production lifts wheat forecast to 26.7Mt: ABARES - Grain Central+1.5%

Not enough comparable past events yet for a historical read.

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.

• Jul 2, 2024Russia boosts grain exports to 68.4 mln tonnes in 2023-24 agro season, 55.9 mln tonnes of wheat - analysts+0.8%
• Oct 1, 20222.7 million metric tons of grain and other foodstuffs were moved from Ukraine under Black Sea Grain Initiative+1.0%
• Apr 29, 2025EU grain production set to bounce back-3.7%
• 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%
• Oct 25, 2018Market Perspectives - October 25, 2018 - Page 7 of 11 - U.S. Grains & BioProducts Council-1.3%