# Four ships to deliver Ukrainian wheat, corn to China, Italy, Turkey as part of 'Grain Initiative'

> Four dry cargo ships carrying about 120,150 tonnes of wheat and corn left Ukrainian ports on November 11, 2022, bound for China, Italy and Turkey. The Joint Coordinating Centre said 76 ships were awaiting permission to enter Ukrainian ports.

- Date: 2022-11-12 · published 2022-11-12T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/14441-four-ships-to-deliver-ukrainian-wheat-corn-to-china-italy-turkey-as-part-of
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Fresh departures add to Ukrainian corn and wheat export availability, which is mildly bearish for prices. The queue of inbound ships shows the corridor is still operating below full capacity.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-04-27 | [In Ukrainian ports continues to become cheaper grain transshipment](https://feedsoft.ai/events/71408-in-ukrainian-ports-continues-to-become-cheaper-grain-transshipment.md) | +1.7% | +3.5% |
| CORN | 2022-08-20 | [Two more grain ships leave Ukraine, Turkey's defence ministry says \| Reuters](https://feedsoft.ai/events/14460-two-more-grain-ships-leave-ukraine-turkey-s-defence-ministry-says-reuters.md) | -0.4% | -0.5% |
| CORN | 2024-04-30 | [Freight rates for the transportation of Ukrainian grain by sea affect its competitiveness](https://feedsoft.ai/events/30624-freight-rates-for-the-transportation-of-ukrainian-grain-by-sea-affect-its.md) | +3.0% | +7.6% |
| CORN | 2022-08-17 | [Three more ships leave Ukrainian ports under U.N.-brokered grain deal](https://feedsoft.ai/events/40151-three-more-ships-leave-ukrainian-ports-under-u-n-brokered-grain-deal.md) | +0.3% | +3.8% |
| CORN | 2023-12-11 | [Panama Canal drought to delay grain ships well into 2024 \| Reuters](https://feedsoft.ai/events/32462-panama-canal-drought-to-delay-grain-ships-well-into-2024-reuters.md) | +1.0% | -0.7% |
| WHEAT | 2022-07-28 | [Wheat prices fell in anticipation of the departure of grain ships from Ukrainian ports 28.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/40531-wheat-prices-fell-in-anticipation-of-the-departure-of-grain-ships-from.md) | +4.6% | +0.7% |
| WHEAT | 2023-09-16 | [Two ships arrive in Ukraine port to load grain](https://feedsoft.ai/events/14364-two-ships-arrive-in-ukraine-port-to-load-grain.md) | -0.8% | -2.4% |
| WHEAT | 2023-09-17 | [First two cargo ships arrive in Ukrainian port after Russia's exit from grain deal \| AP News](https://feedsoft.ai/events/14363-first-two-cargo-ships-arrive-in-ukrainian-port-after-russia-s-exit-from-grain.md) | -0.8% | -2.4% |

## Sources

- en.interfax.com.ua: https://en.interfax.com.ua/news/general/871636.html

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