# Ukraine says agreed with Britain discounts on insurance for Black Sea exports | Reuters

> Ukraine says it agreed with Britain on insurance discounts for Black Sea exports. The discounts follow the launch of a humanitarian corridor after Russia quit the UN-brokered grain deal.

- Date: 2023-11-14 · published 2023-11-14T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/14349-ukraine-says-agreed-with-britain-discounts-on-insurance-for-black-sea-exports
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Cheaper war-risk insurance lowers the cost of moving Ukrainian grain, which modestly supports export flows and weighs on wheat prices. The effect is limited because the corridor's overall volume remains the main driver.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-02-13 | [Ukraine on track to export all 2023 grain, says Britain \| Reuters](https://feedsoft.ai/events/14321-ukraine-on-track-to-export-all-2023-grain-says-britain-reuters.md) | -0.5% | -4.9% |
| 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 | 2023-11-09 | [Ukraine: Alternative Black Sea export corridor is working despite attack \| Reuters](https://feedsoft.ai/events/14345-ukraine-alternative-black-sea-export-corridor-is-working-despite-attack-reuters.md) | -2.9% | +1.7% |
| WHEAT | 2023-10-01 | [Five more cargo ships head for Ukraine's Black Sea ports, deputy prime minister says \| Reuters](https://feedsoft.ai/events/14355-five-more-cargo-ships-head-for-ukraine-s-black-sea-ports-deputy-prime-minister.md) | -3.9% | -1.2% |
| WHEAT | 2023-11-23 | [Ukraine's farmers pin hopes on export corridor as war cost mounts \| Reuters](https://feedsoft.ai/events/14344-ukraine-s-farmers-pin-hopes-on-export-corridor-as-war-cost-mounts-reuters.md) | -0.0% | -1.1% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/ukraine-grain-exports-via-new-black-sea-corridor-hit-4-mln-t-zelenskiy-2023-11-14/

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