Asian feed importers bought Black Sea cereals again

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.

• Dec 1, 2020Global Trade War a Boon for Black Sea Grain | Feed & Grain+9.5%
• May 23, 2018In the black: Asian flour mills turn to Black Sea region for wheat-0.0%
• Oct 4, 2023Ukraine expects 12 more cargo ships at its Black Sea ports | Reuters+4.6%
• Mar 15, 2018Black Sea competition impacting Australian wheat prices: Rabo - Grain Central-1.7%
• Feb 28, 2022India's wheat exports set to surge amid Black Sea supply uncertainty | Reuters+12.1%

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.

• Dec 1, 2020Global Trade War a Boon for Black Sea Grain | Feed & Grain-0.4%
• Oct 4, 2023Ukraine expects 12 more cargo ships at its Black Sea ports | Reuters-0.6%
• Jul 15, 2024China sets record feed grain imports amid global market shifts | Feed & Grain-1.5%
• Oct 26, 2020Russian wheat hits a new high on China’s imports and poor outlook for corn crop in the Black Sea - The Sizov Report blog+0.3%
• Nov 29, 2018Feed weekly outlook: Corn imports set to drop - Grainews+7.6%