Russian ports handled 47.9 million tonnes in 2017, up 34.7% from 2016, with grain the fastest-growing cargo. Grain exports through the ports reached 42.6 million tonnes, up 29.5%, after Russia's record 139.3 million tonne harvest.
Fast-growing Russian port throughput confirms that record Russian grain supplies are reaching export markets. This keeps competitive pressure on global wheat and barley prices.
After 137 past bearish logistics events, Wheat (SRW) moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.0%), and +0.0% 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.