Four million tonnes of grain could not be exported because Odesa ports stopped operating

After 359 past bearish logistics events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -1.5% to +1.5%), and -0.5% over 20.

• Jun 27, 2024Ukraine’s corridor exported 37.4 million tons of agricultural products to 45 countries-2.3%
• Feb 26, 202426 Million Tons Of Cargo Exported Through Ukraine’s Black Sea Corridor » The Center for Transport Strategies+0.5%
• Jul 27, 202460 million tons of cargo exported so far through Ukrainian maritime corridor-1.0%
• Apr 23, 2024Analysts note decline in freight rates for grain transportation from Danube ports, Odessa-0.1%
• Sep 4, 2022Joint Coordination Centre: Over 2 million metric tons of grain and foodstuff exported from Ukraine through Black Sea Grain Initiative | United Nations in Türkiye+0.5%

After 137 past bearish logistics events, Wheat (SRW) moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.0%), and +0.0% over 20.

• Jun 27, 2024Ukraine’s corridor exported 37.4 million tons of agricultural products to 45 countries-2.2%
• Feb 26, 202426 Million Tons Of Cargo Exported Through Ukraine’s Black Sea Corridor » The Center for Transport Strategies-4.4%
• Jul 27, 202460 million tons of cargo exported so far through Ukrainian maritime corridor-4.2%
• Apr 23, 2024Analysts note decline in freight rates for grain transportation from Danube ports, Odessa-1.3%
• Sep 4, 2022Joint Coordination Centre: Over 2 million metric tons of grain and foodstuff exported from Ukraine through Black Sea Grain Initiative | United Nations in Türkiye-0.5%

Not enough comparable past events yet for a historical read.