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Ukrainian seaports shipped 641 thousand tons of main grains between September 29 and October 5, 2018, up 25% year on year. Corn shipments rose to 106 thousand tons from 11 thousand, and wheat rose 21% to 440 thousand tons, while barley fell 31% to 96 thousand tons.
Stronger Black Sea port loadings add wheat and corn supply to export markets, a modest bearish factor for world wheat and corn prices, though cumulative seaport volumes for January-August were still down about 9.5%.
latifundist.comOct 9, 2018After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.
After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% over 20.
Not enough comparable past events yet for a historical read.
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.
