# Ukraine Exports 700,000 T Grain Via New Black Sea Corridor - Minister

> About 700,000 metric tons of grain have been exported through Ukraine's new Black Sea corridor since August, the agriculture minister said. The route was set up to bypass a de facto Russian blockade after Moscow abandoned the UN- and Turkey-brokered grain deal in July.

- Date: 2023-10-24 · published 2023-10-24T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/14353-ukraine-exports-700-000-t-grain-via-new-black-sea-corridor-minister
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

The corridor provides an alternative export route for Ukrainian grain, partially offsetting the loss of the previous deal and limiting upward pressure on feed grain prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2023-12-30 | [Ukraine Exports Through Black Sea Shipping Corridor Reach 13 Million Tons - Bloomberg](https://feedsoft.ai/events/14335-ukraine-exports-through-black-sea-shipping-corridor-reach-13-million-tons.md) | +2.6% | +0.3% |
| WHEAT | 2023-12-22 | [Ukraine: the new Black Sea corridor is a success \| OSW Centre for Eastern Studies](https://feedsoft.ai/events/14338-ukraine-the-new-black-sea-corridor-is-a-success-osw-centre-for-eastern-studies.md) | +0.9% | +1.5% |
| WHEAT | 2024-06-03 | [Ukraine’s exports via maritime corridor already reach 50M tonnes](https://feedsoft.ai/events/14291-ukraine-s-exports-via-maritime-corridor-already-reach-50m-tonnes.md) | -5.6% | -12.3% |
| 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% |
| 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 | 2023-12-30 | [Ukraine Exports Through Black Sea Shipping Corridor Reach 13 Million Tons - Bloomberg](https://feedsoft.ai/events/14335-ukraine-exports-through-black-sea-shipping-corridor-reach-13-million-tons.md) | -2.0% | -3.6% |
| CORN | 2023-12-22 | [Ukraine: the new Black Sea corridor is a success \| OSW Centre for Eastern Studies](https://feedsoft.ai/events/14338-ukraine-the-new-black-sea-corridor-is-a-success-osw-centre-for-eastern-studies.md) | +2.4% | -1.8% |

## Sources

- agriculture.com: https://www.agriculture.com/ukraine-exports-700-000-t-grain-via-new-black-sea-corridor-minister-8374393

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