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Ukraine has exported 36.55 million tonnes of grain since the start of 2017/18 as of May 30, 4.19 million tonnes less than a year earlier. Corn exports are down 2.59 million tonnes and barley exports are down 1.07 million tonnes.
The IGC projects Ukraine's 2018/19 grain output will rise 2.2 million tonnes to 63.5 million tonnes.
Smaller year-on-year corn and barley exports reduce export availability from Ukraine, supporting those prices, though the projected larger 2018/19 crop limits the upside.
latifundist.comMay 30, 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.
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.
