# Report: Russia to discuss resuming grain deal | World Grain

> Reuters reported that Russia is interested in resuming the Black Sea Grain Initiative during US-led talks in Riyadh on a possible ceasefire with Ukraine. The original deal allowed safe passage of Ukrainian grain and ended in 2023 when Russia withdrew. Ukraine has since used its own corridor and river, rail and road routes, and war damage to its farm sector is estimated at $10.3 billion.

- Date: 2025-03-24 · published 2025-03-24T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/14224-report-russia-to-discuss-resuming-grain-deal-world-grain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A restored deal would mainly affect the cost and security of Black Sea shipping. Because Ukraine's alternative routes are already working, the expected price effect is limited.

## Read by commodity

- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-11-30 | [Grain exports not impacted by Russia, Ukraine tension \| 2018-11-30  \| World Grain](https://feedsoft.ai/events/61921-grain-exports-not-impacted-by-russia-ukraine-tension-2018-11-30-world-grain.md) | +2.7% | +3.1% |
| WHEAT | 2018-11-29 | [Russia Does Not Expect Ukraine Crisis to Have Big Impact on Grain Exports - Business Insider](https://feedsoft.ai/events/61917-russia-does-not-expect-ukraine-crisis-to-have-big-impact-on-grain-exports.md) | +1.4% | +3.7% |
| WHEAT | 2022-11-01 | [More grain ships leave Ukraine ports despite Russian suspension \| Reuters](https://feedsoft.ai/events/14440-more-grain-ships-leave-ukraine-ports-despite-russian-suspension-reuters.md) | +7.3% | +7.7% |
| WHEAT | 2024-06-22 | [How Russia Exports Ukrainian Grain As Its Own: An Investigation](https://feedsoft.ai/events/14290-how-russia-exports-ukrainian-grain-as-its-own-an-investigation.md) | -6.8% | -2.9% |
| WHEAT | 2018-11-26 | [Ukraine's Azov Sea ports operating normally despite tensions with Russia](https://feedsoft.ai/events/61920-ukraine-s-azov-sea-ports-operating-normally-despite-tensions-with-russia.md) | +0.6% | +3.2% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/21186-report-russia-to-discuss-resuming-grain-deal

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.