CBOT soybeans fell alongside wheat after Russia issued permits for grain vessels to transit the Sea of Azov. The move reflects easing concern over Black Sea grain logistics.
Restored Russian grain vessel permits improve Black Sea export flow, adding pressure to wheat and feed grain prices.
After 137 past bearish logistics events, WHEAT moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.0%), and +0.0% over 20.
After 297 past bearish logistics events, SOY moved a median +0.3% over 5 sessions (54% higher; middle half -1.5% to +1.8%), 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.