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Russia is shipping more wheat through Black Sea ports, and domestic grain prices in Russia rose over the past week. The report also lists Sovecon price data for soybeans, oil and sugar, with the rouble trading near 105 per dollar.
Higher Russian export volumes add wheat supply to world markets, partly offsetting Ukraine-related shortages, while domestic price increases point to tighter Russian supply.
reuters.comMar 21, 2022After 206 past neutral trade events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.6%), and +0.5% 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.
