Agricultural potential of the Black Sea region: New opportunities and challenges of the 2025/26

After 182 past bullish policy events, Wheat (SRW) moved a median +0.1% over 5 sessions (52% higher; middle half -1.9% to +1.4%), and -0.3% over 20.

• Dec 12, 2023India tightens control of agricultural commodities ahead of election – Chin@Strategy+2.2%
• Nov 29, 2022Removal of China’s domestic price trade barriers could increase China’s imports of agricultural commodities - High Plains Journal-9.9%
• Oct 2, 2026US and China Unveil $30 Billion Tariff-Cut Framework for Agricultural Exports - Beijing Post-3.2%
• Mar 12, 2019New era of agriculture in Belarus | 2019-03-12 | World Grain+3.6%
• Dec 30, 2020Commodities 2021: Bullish expectations for 2021 Black Sea wheat prices | S&P Global+5.0%

After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.

• Feb 24, 2020The 2020 Outlook for U.S. Agriculture From USDA’s Chief Economist - Farm Policy News-2.5%
• Feb 3, 2023China: Offloading Old Stock Rice Through Annual Auction | USDA Foreign Agricultural Service+1.3%
• Nov 29, 2022Removal of China’s domestic price trade barriers could increase China’s imports of agricultural commodities - High Plains Journal-3.8%
• Oct 2, 2026US and China Unveil $30 Billion Tariff-Cut Framework for Agricultural Exports - Beijing Post-1.6%
• Nov 18, 2019China urges regions to speed up pig breeding ahead of Lunar New Year+0.0%