
Ukrainian seaports shipped 29.76 million tonnes of grain in January-September 2017, up 11.08% year on year. Yuzhnyi, Nikolaev, Chernomorsk, Odessa and Olvia were the top five ports.
Strong port throughput signals ample Ukrainian export supply, which is bearish for Black Sea wheat and corn offers. The gain is moderate and mostly reflects a larger crop.
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.
After 359 past bearish logistics events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -1.5% to +1.5%), 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.