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Grain shipments from Ukrainian seaports for April 13-19 totaled 598 thousand tons, down 52% week on week, according to APK-Inform. Corn shipments fell to 392 thousand tons and wheat to 207 thousand tons, with no barley shipped.
China, Indonesia and Iran were the top three importers in the period.
A sharp drop in weekly Black Sea port loadings tightens near-term export supply from Ukraine, a major corn and wheat exporter, which can support world corn and wheat prices and firm feed grain basis for importers.
latifundist.comApr 23, 2019After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.
After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% 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.
