Ukraine's ambition to lift grain output above 100 million tonnes by 2020 faces doubts over investment and logistics. USDA January estimates put 2017/18 Ukrainian wheat at 26.5 million tonnes and corn at 25 million tonnes, slightly below the prior year.
Slightly lower projected Ukrainian wheat and corn output versus last year tightens exportable supply modestly, though long-run growth remains uncertain.
After 406 past neutral report events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% over 20.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.