USDA cuts forecast for Ukrainian wheat and corn exports by 3 million tonnes

After 361 past bullish geopolitics events, Wheat (SRW) moved a median +0.7% over 5 sessions (58% higher; middle half -1.4% to +3.7%), and +1.3% over 20.

• Apr 18, 2024Why Ukraine continues to walk an exports tightrope+0.5%
• Sep 30, 2022Rabo ups wheat price forecasts amid Ukraine export fears, lifts robusta hopes too - Grain Price News+0.4%
• Jun 15, 2026Focus: Russian attacks could cut Ukraine grain exports by a third | Reuters+3.6%
• Jul 9, 2020Ukrainian farmers and grain exports hit hard by Russian blockade of Black Sea ports | Ukrainian Agrarian Confederation+0.7%
• Jan 1, 2026Russian attacks on Ukrainian ports cause drop in food exports+0.7%

After 323 past bullish geopolitics events, Corn moved a median +0.5% over 5 sessions (57% higher; middle half -1.5% to +2.9%), and +0.9% over 20.

• Apr 18, 2024Why Ukraine continues to walk an exports tightrope-0.4%
• Jun 15, 2026Focus: Russian attacks could cut Ukraine grain exports by a third | Reuters-0.8%
• May 25, 2022China clears way for Brazilian corn imports to fill Ukraine gap | Reuters-2.8%
• Jul 9, 2020Ukrainian farmers and grain exports hit hard by Russian blockade of Black Sea ports | Ukrainian Agrarian Confederation-5.2%
• Jan 1, 2026Russian attacks on Ukrainian ports cause drop in food exports+0.6%