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Ukrainian seaports shipped 886 thousand tons of main grains in the week of February 2 to 8, down 5 percent week on week, according to APK-Inform. Wheat shipments fell 25 percent while corn rose to 702 thousand tons.
Egypt, South Korea and Germany were the largest destinations.
Weaker weekly Ukrainian port shipments modestly reduce Black Sea corn and wheat supply to world markets, a mildly supportive factor for prices.
latifundist.comFeb 12, 2019After 285 past bullish logistics events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.5%), and +0.8% over 20.
After 283 past bullish logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.4% to +1.3%), and -0.1% 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.
