# Return to the Black Sea: New grain lane could ease Ukraine’s rift with neighbours | World Ports Organization

> Ukrainian Black Sea exports are rebounding through an alternative corridor hugging the western shore, with at least 200 ships sailing it. Rail freight to Ukraine's seaports rose 70% from October to November as insurance costs fell.

- Date: 2023-12-22 · published 2023-12-22T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/14340-return-to-the-black-sea-new-grain-lane-could-ease-ukraine-s-rift-with
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Recovering Black Sea export capacity increases grain availability and lowers insurance and freight costs, bearish for feed grain prices and reduces reliance on costlier land routes.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- OCEANFRT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-12-30 | [Panama Canal backup forces detours for Asia-bound grain ships \| World Ports Organization](https://feedsoft.ai/events/32463-panama-canal-backup-forces-detours-for-asia-bound-grain-ships-world-ports.md) | -2.0% | -3.6% |
| CORN | 2023-10-24 | [Ukraine Exports 700,000 T Grain Via New Black Sea Corridor - Minister](https://feedsoft.ai/events/14353-ukraine-exports-700-000-t-grain-via-new-black-sea-corridor-minister.md) | -4.3% | -4.8% |
| CORN | 2022-05-27 | [Grains Outlook Points To Dry Bulk Headwinds \| World Ports Organization](https://feedsoft.ai/events/41301-grains-outlook-points-to-dry-bulk-headwinds-world-ports-organization.md) | -4.1% | -4.3% |
| CORN | 2023-10-26 | [Ukraine says its Black Sea grain corridor is working \| Reuters](https://feedsoft.ai/events/14351-ukraine-says-its-black-sea-grain-corridor-is-working-reuters.md) | -3.5% | -3.6% |
| CORN | 2023-08-21 | [Ukraine may use new Black Sea route for grain shipments -producers \| Reuters](https://feedsoft.ai/events/14367-ukraine-may-use-new-black-sea-route-for-grain-shipments-producers-reuters.md) | -1.1% | -1.1% |
| WHEAT | 2023-10-24 | [Ukraine Exports 700,000 T Grain Via New Black Sea Corridor - Minister](https://feedsoft.ai/events/14353-ukraine-exports-700-000-t-grain-via-new-black-sea-corridor-minister.md) | +1.8% | +0.8% |
| WHEAT | 2023-10-26 | [Ukraine says its Black Sea grain corridor is working \| Reuters](https://feedsoft.ai/events/14351-ukraine-says-its-black-sea-grain-corridor-is-working-reuters.md) | +2.2% | +1.7% |
| WHEAT | 2023-08-21 | [Ukraine may use new Black Sea route for grain shipments -producers \| Reuters](https://feedsoft.ai/events/14367-ukraine-may-use-new-black-sea-route-for-grain-shipments-producers-reuters.md) | -2.4% | -3.4% |

## Sources

- worldports.org: https://www.worldports.org/return-to-the-black-sea-new-grain-lane-could-ease-ukraines-rift-with-neighbours/

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