# Here’s how the grain deal between Ukraine and Russia worked.

> The article explains how the Black Sea grain arrangement between Ukraine and Russia came about. Russian warships and Ukrainian mines had blocked Ukraine's ports after the February 2022 invasion, and Russia also seized grain and destroyed storage.

- Date: 2022-10-29 · published 2022-10-29T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/14447-here-s-how-the-grain-deal-between-ukraine-and-russia-worked
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

This background explains why Ukrainian export capacity is fragile and why any renewed disruption to the corridor could tighten world grain supply.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-04-21 | [The Black Sea Grain Deal: Fragile Cooperation Between Ukraine and Russia \| Lawfare](https://feedsoft.ai/events/14403-the-black-sea-grain-deal-fragile-cooperation-between-ukraine-and-russia-lawfare.md) | -8.6% | -9.9% |
| WHEAT | 2024-05-09 | [How Ukraine broke Russia’s grip in the Black Sea](https://feedsoft.ai/events/14301-how-ukraine-broke-russia-s-grip-in-the-black-sea.md) | +2.0% | +6.5% |
| WHEAT | 2023-01-09 | [The Ukraine-Russia Grain Deal: A Success or Failure? \| Wilson Center](https://feedsoft.ai/events/14425-the-ukraine-russia-grain-deal-a-success-or-failure-wilson-center.md) | -2.6% | -3.0% |
| WHEAT | 2023-04-17 | [What are the deals on Ukraine, Russia grain exports? \| Reuters](https://feedsoft.ai/events/14397-what-are-the-deals-on-ukraine-russia-grain-exports-reuters.md) | +7.8% | -1.4% |
| WHEAT | 2023-05-17 | [What are the deals on Ukraine, Russia grain exports? \| Reuters](https://feedsoft.ai/events/14390-what-are-the-deals-on-ukraine-russia-grain-exports-reuters.md) | -1.4% | -6.9% |
| CORN | 2024-05-09 | [How Ukraine broke Russia’s grip in the Black Sea](https://feedsoft.ai/events/14301-how-ukraine-broke-russia-s-grip-in-the-black-sea.md) | +2.7% | +0.5% |
| CORN | 2023-01-09 | [The Ukraine-Russia Grain Deal: A Success or Failure? \| Wilson Center](https://feedsoft.ai/events/14425-the-ukraine-russia-grain-deal-a-success-or-failure-wilson-center.md) | +2.0% | +0.6% |
| CORN | 2023-04-17 | [What are the deals on Ukraine, Russia grain exports? \| Reuters](https://feedsoft.ai/events/14397-what-are-the-deals-on-ukraine-russia-grain-exports-reuters.md) | -1.9% | -3.1% |

## Sources

- nytimes.com: https://www.nytimes.com/2022/10/29/world/europe/grain-deal-russia-ukraine.html

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