# UN chief sends Russia new proposals to revive Black Sea grain deal but Moscow isn't satisfied | AP News

> The UN chief sent Russia new proposals to revive the Black Sea grain deal, which the UN and Turkey brokered in July 2022. Moscow said it was not satisfied with the proposals. The deal collapsed after Russia withdrew in July 2023.

- Date: 2023-08-31 · published 2023-08-31T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/14368-un-chief-sends-russia-new-proposals-to-revive-black-sea-grain-deal-but-moscow
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Without a revived deal, Ukrainian grain exports remain constrained, which supports wheat and corn prices through higher risk premiums and freight costs.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-05-25 | [Russia signals end to Black Sea grain deal in July if demands not met](https://feedsoft.ai/events/14392-russia-signals-end-to-black-sea-grain-deal-in-july-if-demands-not-met.md) | -1.8% | -1.4% |
| WHEAT | 2023-04-26 | [Ukrainian Navy Says Russia Refused To Allow Movement Of Four Ships In Black Sea Grain Deal](https://feedsoft.ai/events/14402-ukrainian-navy-says-russia-refused-to-allow-movement-of-four-ships-in-black-sea.md) | -0.1% | -2.5% |
| WHEAT | 2023-07-17 | [Black Sea grain deal: What's next now that Russia has pulled out?](https://feedsoft.ai/events/35074-black-sea-grain-deal-what-s-next-now-that-russia-has-pulled-out.md) | +2.4% | +2.8% |
| WHEAT | 2023-06-16 | [Explainer: What is Russia's problem with the Black Sea grain deal?](https://feedsoft.ai/events/14383-explainer-what-is-russia-s-problem-with-the-black-sea-grain-deal.md) | +3.5% | -0.1% |
| WHEAT | 2023-06-01 | [Ukraine says Russia again blocking Black Sea grain export deal \| Reuters](https://feedsoft.ai/events/14384-ukraine-says-russia-again-blocking-black-sea-grain-export-deal-reuters.md) | -3.6% | +8.1% |
| CORN | 2023-05-25 | [Russia signals end to Black Sea grain deal in July if demands not met](https://feedsoft.ai/events/14392-russia-signals-end-to-black-sea-grain-deal-in-july-if-demands-not-met.md) | -4.4% | +1.4% |
| CORN | 2023-04-26 | [Ukrainian Navy Says Russia Refused To Allow Movement Of Four Ships In Black Sea Grain Deal](https://feedsoft.ai/events/14402-ukrainian-navy-says-russia-refused-to-allow-movement-of-four-ships-in-black-sea.md) | -2.1% | -5.4% |
| CORN | 2023-07-17 | [Black Sea grain deal: What's next now that Russia has pulled out?](https://feedsoft.ai/events/35074-black-sea-grain-deal-what-s-next-now-that-russia-has-pulled-out.md) | -8.6% | -12.6% |

## Sources

- apnews.com: https://apnews.com/article/russia-ukraine-black-sea-grain-initiative-58dc4d816c239435a35118848c55e841

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