
Ukrainian experts project record grain exports, with wheat at 16.5 million tonnes, barley at 5.3 million and maize at 20.9 million. Ukraine exported 23.3 million tonnes of grain in July-December 2016, up 6.4% year on year.
Large projected Ukrainian exports add to global supply of wheat, barley and corn, a mildly bearish factor for feed grain prices.
After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.
Not enough comparable past events yet for a historical read.
After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% 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.