Loading…
Ukrainian farmers and agrarian lawmakers threatened a strike after Ukrzaliznytsya raised rail tariffs for farm products by almost 50 per cent. They plan to appeal to the Cabinet and ask the Anti-Monopoly Committee to investigate.
Higher rail costs raise the logistics share of Ukrainian grain export prices and could reduce Black Sea export competitiveness, mildly supporting world wheat and corn prices. A strike or rail disruption would add to that pressure.
news.agro-center.com.uaKateryna KovalchukNov 21, 2018After 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.
After 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.
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.
