Loading…
Ukrainian seaports shipped 0.43 million tons of grain between March 18 and 24, down from 1.16 million the prior week. Russian ports exported 561,600 tons in the week to March 23, and Russia's season-to-date grain exports reached 26.88 million tons, 1.8% behind the prior year.
Slower weekly Black Sea shipments and a slightly lagging Russian export pace point to modestly tighter near-term supply from the region, supportive for wheat and corn export prices.
grainsprices.comGate.BGMar 28, 2017After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.
After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), 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.
