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Ukrainian seaports handled about 23.54 million tonnes of grain in January-August 2018, down 9.54% year on year. Export shipments fell 11.44% to 22.52 million tonnes, while Mykolaiv rose and Odessa fell sharply.
Lower Ukrainian port throughput reduces Black Sea export availability, mildly supporting wheat and corn prices and shifting some demand to other origins.
latifundist.comSep 17, 2018After 283 past bullish logistics events, WHEAT 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.
