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Ukraine exported 430 thousand tons of corn in the week of December 18-22, along with about 426 thousand tons of wheat and 25 thousand tons of barley. Russia exported 642 thousand tons of wheat, 75 thousand tons of corn and 25 thousand tons of barley in the same period.
Favorable weather supported cargo movement to ports.
Steady weekly Black Sea export flows keep global feed grain supplies available, which limits upside in corn and barley prices. Cumulative exports remain slightly behind last year's pace.
latifundist.comDec 27, 2017After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.
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.
