# Can Ukraine's Grain Corridor Ease the Global Food Crisis?

> Russia has said it would be inappropriate to extend the Black Sea grain deal unless sanctions affecting its agricultural exports are lifted. Sources say the deal must be renewed by around March 20 for exports to continue. About 21.1 million tonnes of farm products, including 10 million tonnes of corn and 6 million tonnes of wheat, have been shipped under the pact.

- Date: 2023-02-14 · published 2023-02-14T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude high
- Page: https://feedsoft.ai/events/14415-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

A lapse in the corridor would remove a large share of Ukrainian corn and wheat from world markets, a meaningful upside risk for prices. Ukraine's export volumes are a significant part of global supply.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-07-17 | [Russia-Ukraine grain deal: What does it mean for global food prices](https://feedsoft.ai/events/35104-russia-ukraine-grain-deal-what-does-it-mean-for-global-food-prices.md) | -8.6% | -12.6% |
| CORN | 2026-07-27 | [Russia’s ship strikes stall Ukraine’s grain corridor. The damage is moving inland - Euromaidan Press](https://feedsoft.ai/events/18373-russia-s-ship-strikes-stall-ukraine-s-grain-corridor-the-damage-is-moving.md) | -4.8% | +0.5% |
| CORN | 2026-01-23 | [100 mln tons of grain transported via the Ukrainian Black sea corridor](https://feedsoft.ai/events/14145-100-mln-tons-of-grain-transported-via-the-ukrainian-black-sea-corridor.md) | +1.6% | +0.5% |
| CORN | 2022-11-04 | [Russia’s UN Grain Deal Boomerang: Implications for the Deal and Global Food Prices](https://feedsoft.ai/events/7291-russia-s-un-grain-deal-boomerang-implications-for-the-deal-and-global-food.md) | -0.9% | -4.5% |
| CORN | 2022-03-11 | [Overcoming the threats to global food systems from Russia's invasion of Ukraine \| IFPRI](https://feedsoft.ai/events/11340-overcoming-the-threats-to-global-food-systems-from-russia-s-invasion-of-ukraine.md) | +2.7% | +9.8% |
| WHEAT | 2023-07-17 | [Russia-Ukraine grain deal: What does it mean for global food prices](https://feedsoft.ai/events/35104-russia-ukraine-grain-deal-what-does-it-mean-for-global-food-prices.md) | +2.4% | +2.8% |
| WHEAT | 2026-07-27 | [Russia’s ship strikes stall Ukraine’s grain corridor. The damage is moving inland - Euromaidan Press](https://feedsoft.ai/events/18373-russia-s-ship-strikes-stall-ukraine-s-grain-corridor-the-damage-is-moving.md) | -2.4% | +2.9% |
| WHEAT | 2026-01-23 | [100 mln tons of grain transported via the Ukrainian Black sea corridor](https://feedsoft.ai/events/14145-100-mln-tons-of-grain-transported-via-the-ukrainian-black-sea-corridor.md) | +3.7% | +5.5% |

## Sources

- agriculture.com: https://www.agriculture.com/markets/newswire/explainer-can-ukraines-grain-corridor-ease-the-global-food-crisis

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