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along with world prices, following reports that grain ships may be allowed out of the Sea of Azov from 1 to 15 November, possibly under military escort. Analysts also cited unexpectedly large Southern Hemisphere harvests in Australia and Argentina.
Daily Russian grain exports are running at 150,000-220,000 tonnes.
A possible Azov reopening and large southern crops point to softer world wheat prices, although demand from major importers is improving.
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.