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UkrAgroConsult raised its 2017 Ukrainian grain production forecast to 63.2 million tonnes, with wheat at 26 million tonnes. Russia's Ministry of Agriculture kept its national grain forecast unchanged at 110 million tonnes.
Russian sunflower meal exports are slowing.
A larger Ukrainian crop adds Black Sea wheat and barley export supply, which is mildly bearish for those prices. Russia's unchanged forecast leaves its export outlook steady.
grainsprices.comGate.BGSep 7, 2017After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% 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.
