# Significance of Black Sea ports for Russian commodities exports | Reuters

> Russia is harvesting its new wheat crop, with millions of tonnes of grain expected for export in coming months. Russia is the world's largest wheat exporter and also a major exporter of corn and barley. Its Black Sea terminals handle these shipments, and the port of Taman accounts for about 7.5% of Russian LPG exports.

- Date: 2023-07-20 · published 2023-07-20T12:00:00.000Z
- Category: trade · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/14377-significance-of-black-sea-ports-for-russian-commodities-exports-reuters
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Large new-crop Russian supplies available for export in the coming months add to world wheat and corn availability, which tends to weigh on prices for feed buyers.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-09-23 | [Russia’s wheat exports from Black Sea ports fall to 460kt](https://feedsoft.ai/events/14174-russia-s-wheat-exports-from-black-sea-ports-fall-to-460kt.md) | -0.2% | +1.8% |
| WHEAT | 2023-11-02 | [Russian Wheat Pushes Growth of Black Sea Dry Bulk Exports \| Dry bulk shipping news \| Shipping Telegraph](https://feedsoft.ai/events/14348-russian-wheat-pushes-growth-of-black-sea-dry-bulk-exports-dry-bulk-shipping.md) | -1.1% | -0.5% |
| WHEAT | 2024-01-10 | [Ukraine's Dec Black Sea food exports top U.N.-brokered deal at its peak -brokers \| Reuters](https://feedsoft.ai/events/14328-ukraine-s-dec-black-sea-food-exports-top-u-n-brokered-deal-at-its-peak-brokers.md) | +0.2% | -1.5% |
| WHEAT | 2025-07-16 | [Black Sea Exports – News – SSY](https://feedsoft.ai/events/14188-black-sea-exports-news-ssy.md) | +1.6% | -1.2% |
| WHEAT | 2021-11-22 | [Russian wheat exports on the rise - The Sizov Report blog](https://feedsoft.ai/events/14532-russian-wheat-exports-on-the-rise-the-sizov-report-blog.md) | -0.1% | -3.6% |
| CORN | 2024-01-10 | [Ukraine's Dec Black Sea food exports top U.N.-brokered deal at its peak -brokers \| Reuters](https://feedsoft.ai/events/14328-ukraine-s-dec-black-sea-food-exports-top-u-n-brokered-deal-at-its-peak-brokers.md) | -1.1% | -5.0% |
| CORN | 2019-05-14 | [Increasing Black Sea exports are influencing price](https://feedsoft.ai/events/58941-increasing-black-sea-exports-are-influencing-price.md) | +7.0% | +11.7% |
| CORN | 2024-10-31 | [Ukrainian Black Sea corridor ensured export of over 52 mln tons of agricultural products](https://feedsoft.ai/events/14264-ukrainian-black-sea-corridor-ensured-export-of-over-52-mln-tons-of-agricultural.md) | +2.2% | -1.3% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/significance-black-sea-ports-russian-commodities-exports-2023-07-20/

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