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Ukrainian seaports shipped 894 thousand tons of main grains from February 16 to 22, 16 percent below the prior year's comparable week, according to APK-Inform. Wheat exports fell to 201 thousand tons and corn to 683 thousand tons.
China, Turkey and the Netherlands were the top importers.
Continued weak Ukrainian port shipments year on year keep Black Sea corn and wheat supply tight, a modestly supportive factor for feed grain prices.
latifundist.comNews ServiceFeb 26, 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.
