# Black Sea grain corridor lives on

> Russia withdrew support for the grain deal in late October after a drone attack on its Black Sea fleet, then re-engaged four days later. A record convoy moved through the corridor in the interim, and the renewal was agreed for 120 days with no major concessions to Ukraine or Russia.

- Date: 2022-11-22 · published 2022-11-22T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/14443-black-sea-grain-corridor-lives-on
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Renewal keeps Ukrainian grain and fertiliser exports moving, which should ease global wheat and corn prices. Russia's push for sanctions relief on its own exports remains an unresolved risk.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-06-22 | [Turkish team to discuss Black Sea grain corridor in Russia this week -sources](https://feedsoft.ai/events/14477-turkish-team-to-discuss-black-sea-grain-corridor-in-russia-this-week-sources.md) | +1.8% | -4.6% |
| WHEAT | 2023-05-17 | [Black Sea deal extension sinks grain prices](https://feedsoft.ai/events/5012-black-sea-deal-extension-sinks-grain-prices.md) | -1.4% | -6.9% |
| WHEAT | 2022-11-01 | [Wheat futures tumble after Russia rejoins Black Sea grain corridor deal - Fastmarkets](https://feedsoft.ai/events/7290-wheat-futures-tumble-after-russia-rejoins-black-sea-grain-corridor-deal.md) | +7.3% | +7.7% |
| WHEAT | 2021-02-21 | [Ukraine, Russia ink deal to export grain on Black Sea](https://feedsoft.ai/events/48492-ukraine-russia-ink-deal-to-export-grain-on-black-sea.md) | +0.7% | -0.7% |
| WHEAT | 2022-10-11 | [CBOT Wheat Futures Slide Amid Worries Over Black Sea Grain Trade](https://feedsoft.ai/events/5086-cbot-wheat-futures-slide-amid-worries-over-black-sea-grain-trade.md) | +3.1% | +4.3% |
| CORN | 2022-06-22 | [Turkish team to discuss Black Sea grain corridor in Russia this week -sources](https://feedsoft.ai/events/14477-turkish-team-to-discuss-black-sea-grain-corridor-in-russia-this-week-sources.md) | +1.4% | -9.8% |
| CORN | 2023-05-17 | [Black Sea deal extension sinks grain prices](https://feedsoft.ai/events/5012-black-sea-deal-extension-sinks-grain-prices.md) | +2.4% | +0.5% |
| CORN | 2021-02-21 | [Ukraine, Russia ink deal to export grain on Black Sea](https://feedsoft.ai/events/48492-ukraine-russia-ink-deal-to-export-grain-on-black-sea.md) | +1.6% | -3.4% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/black-sea-grain-corridor-lives-on/

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