
A CSIS analysis examines how Russia's invasion has damaged Ukraine's agriculture sector and how proposed ceasefire plans would affect Ukrainian and Russian grain production and exports. It also discusses implications for global food security.
A ceasefire could restore Ukrainian export capacity and ease the risk premium in Black Sea grain, which would weigh on wheat and corn prices over time.
After 80 past bearish geopolitics events, Wheat (SRW) moved a median -0.4% over 5 sessions (44% higher; middle half -1.4% to +1.9%), and -0.5% over 20.
After 87 past bearish geopolitics events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.5% to +2.1%), 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.