# Improving Global Food Security: The Impact of the Black Sea Grain Initiative - MP-IDSA

> An MP-IDSA issue brief argues that the Black Sea Grain Initiative has helped bridge food supply gaps and stabilize global food prices since its July 2022 launch. It notes Russia's recent decision to renew the deal for 60 days.

- Date: 2023-03-27 · published 2023-03-27T12:00:00.000Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/14409-improving-global-food-security-the-impact-of-the-black-sea-grain-initiative-mp
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The analysis reinforces that continued access to Black Sea grain supports stable global feed and food supplies, but it does not itself move prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-08-07 | [End of the Black Sea Grain Initiative: Implications for sub-Saharan Africa \| IFPRI](https://feedsoft.ai/events/14373-end-of-the-black-sea-grain-initiative-implications-for-sub-saharan-africa-ifpri.md) | +0.5% | -6.9% |
| WHEAT | 2023-08-01 | [Update from the Office of the UN Coordinator for the Black Sea Grain Initiative](https://feedsoft.ai/events/14376-update-from-the-office-of-the-un-coordinator-for-the-black-sea-grain-initiative.md) | +0.4% | -7.2% |
| WHEAT | 2026-09-11 | [How Do the Latest Black Sea Attacks Affect Global Food Security?](https://feedsoft.ai/events/14082-how-do-the-latest-black-sea-attacks-affect-global-food-security.md) | -1.3% | -4.1% |
| WHEAT | 2022-07-22 | [Black Sea Grain Initiative signed](https://feedsoft.ai/events/22-black-sea-grain-initiative-signed.md) | -10.2% | -1.7% |
| WHEAT | 2022-06-09 | [The Black Sea blockade: mapping the impact of war in Ukraine on the world’s food supply – interactive \| Global development \| The Guardian](https://feedsoft.ai/events/14480-the-black-sea-blockade-mapping-the-impact-of-war-in-ukraine-on-the-world-s-food.md) | +1.2% | -8.1% |
| CORN | 2023-08-01 | [Update from the Office of the UN Coordinator for the Black Sea Grain Initiative](https://feedsoft.ai/events/14376-update-from-the-office-of-the-un-coordinator-for-the-black-sea-grain-initiative.md) | -2.3% | -2.8% |
| CORN | 2026-09-11 | [How Do the Latest Black Sea Attacks Affect Global Food Security?](https://feedsoft.ai/events/14082-how-do-the-latest-black-sea-attacks-affect-global-food-security.md) | +2.5% | -0.2% |
| CORN | 2022-07-22 | [Black Sea Grain Initiative signed](https://feedsoft.ai/events/22-black-sea-grain-initiative-signed.md) | -2.2% | +1.9% |

## Sources

- idsa.in: https://idsa.in/publisher/issuebrief/improving-global-food-security-the-impact-of-the-black-sea-grain-initiative

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