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Ukrainian seaports shipped 3.1 million tonnes of main grain crops in April, 10% less than in March. Wheat exports rose 17% while corn and barley exports fell.
Lower monthly port shipments reduce near-term export supply from Ukraine, a major Black Sea exporter, which modestly supports prices for corn and wheat.
latifundist.comMay 17, 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.
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.
