# Explainer: Can Ukraine's grain corridor ease the global food crisis?

> Reuters explained the Ukraine grain corridor, reporting about 24.6 million tonnes of agricultural products shipped, including 12.2 million tonnes of corn and 6.7 million tonnes of wheat. Rapeseed, sunflower oil, sunflower meal and barley also moved through the corridor.

- Date: 2023-03-15 · published 2023-03-15T12:00:00.000Z
- Category: trade · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/14407-explainer-can-ukraine-s-grain-corridor-ease-the-global-food-crisis
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

The shipment totals show how much grain reaches world markets through the corridor, which helps set the supply backdrop for corn and wheat prices.

## Read by commodity

- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-05-09 | [Explainer: Why the EU is restricting grain imports from Ukraine](https://feedsoft.ai/events/11372-explainer-why-the-eu-is-restricting-grain-imports-from-ukraine.md) | -7.2% | -11.8% |
| CORN | 2021-11-10 | [Grain export 2021/22: Ukraine's foreign supply close to 21 mln t — Latifundist.com](https://feedsoft.ai/events/14533-grain-export-2021-22-ukraine-s-foreign-supply-close-to-21-mln-t-latifundist-com.md) | +0.3% | +4.6% |
| CORN | 2017-08-04 | [Grain export from Ukraine and Russia](https://feedsoft.ai/events/69296-grain-export-from-ukraine-and-russia.md) | -1.9% | -5.5% |
| CORN | 2020-06-01 | [Ukraine seaport grain exports fall - Markets - Business Recorder](https://feedsoft.ai/events/52470-ukraine-seaport-grain-exports-fall-markets-business-recorder.md) | +2.0% | -0.6% |
| CORN | 2023-02-13 | [Black Sea Watch: Ukrainian grain flows see strong start to February \| S&P Global](https://feedsoft.ai/events/14413-black-sea-watch-ukrainian-grain-flows-see-strong-start-to-february-s-and-p.md) | -1.3% | -6.3% |
| WHEAT | 2023-05-09 | [Explainer: Why the EU is restricting grain imports from Ukraine](https://feedsoft.ai/events/11372-explainer-why-the-eu-is-restricting-grain-imports-from-ukraine.md) | -0.5% | -7.7% |
| WHEAT | 2026-06-01 | [Explainer: What do China's new US farm purchases mean for global trade?](https://feedsoft.ai/events/14575-explainer-what-do-china-s-new-us-farm-purchases-mean-for-global-trade.md) | -2.6% | -1.5% |
| WHEAT | 2020-11-13 | [Corn pushed Ukrainian grain export up in October](https://feedsoft.ai/events/50009-corn-pushed-ukrainian-grain-export-up-in-october.md) | -2.7% | +4.2% |

## Sources

- reuters.com: https://www.reuters.com/world/europe/can-ukraines-grain-corridor-ease-global-food-crisis-2023-03-15/

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