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Ukraine exported 2.3 million tons of grain and legumes in July 2018, 8% below July 2017. Corn shipments fell 19% to 704 thousand tons and barley dropped 25% to 610 thousand tons, while wheat made up 41% of exports at 960 thousand tons.
Analysts expect further declines as farmers hold back grain.
Farmer holdbacks and smaller corn and barley export availability tighten Black Sea feed grain supply, supporting prices for feed buyers.
latifundist.comAug 28, 2018After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.
Not enough comparable past events yet for a historical read.
After 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.
