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Black Sea shipments fell 49.5% year-on-year in Q1 2025 according to BRS. Shipbrokers are assessing how a possible Black Sea peace deal would affect grain export flows.
Reduced Russian and Ukrainian grain exports have kept freight and wheat supplies tight, while a peace deal could restore flows and pressure prices lower.
tradewindsnews.comSandra BogaApr 8, 2025After 38 past neutral geopolitics events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.6% to +1.5%), and +0.8% over 20.
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.
