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Wheat shipments from Ukrainian seaports fell 59% week on week to 856 thousand tons for March 23-29. Total main crop shipments dropped 41% to 590 thousand tons, with corn down 54% to 483 thousand tons.
Spain, Germany and China were the top importers.
Sharply lower Ukrainian port wheat and corn loadings tighten near-term Black Sea export supply, a supportive factor for world wheat and corn prices and feed grain costs for importers.
latifundist.comNews ServiceApr 2, 2019After 431 past bullish trade events, WHEAT moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.
After 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.
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.
