# Unsdg | Three months into the Black Sea Grain Initiative: What’s been achieved — and why it’s important

> The UN reviewed three months of the Black Sea Grain Initiative, signed on 22 July 2022 to reopen exports from Chernomorsk, Odesa and Yuzhny. Before the war Ukraine supplied more than 45 million tonnes of grain a year, and the blockade had contributed to a global food crisis.

- Date: 2022-10-21 · published 2022-10-21T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/14448-unsdg-three-months-into-the-black-sea-grain-initiative-what-s-been-achieved-and
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The corridor's record of restoring Ukrainian grain flows is what made its suspension a concern for wheat and corn supply, though this review adds no new price driver.

## Read by commodity

- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-04-02 | [Kazakhstan has a significant potential for increasing of grain exports through the Black Sea ports – expert](https://feedsoft.ai/events/65359-kazakhstan-has-a-significant-potential-for-increasing-of-grain-exports-through.md) | +1.6% | +5.2% |
| WHEAT | 2017-05-01 | [Grain trades drive Black Sea ports ‣ WorldCargo News](https://feedsoft.ai/events/70859-grain-trades-drive-black-sea-ports-worldcargo-news.md) | +2.3% | +1.5% |
| WHEAT | 2017-04-06 | [IFC loan to support new grain terminal at Black Sea port \| World-grain.com \| April 06, 2017 13:39 \| World Grain](https://feedsoft.ai/events/71357-ifc-loan-to-support-new-grain-terminal-at-black-sea-port-world-grain-com-april.md) | +0.3% | +3.3% |
| WHEAT | 2023-07-21 | [EXCLUSIVE: Romanian port can ship more Ukraine grain after collapse of Black Sea deal \| Reuters](https://feedsoft.ai/events/14375-exclusive-romanian-port-can-ship-more-ukraine-grain-after-collapse-of-black-sea.md) | -0.9% | -1.5% |
| WHEAT | 2026-03-30 | [Over 2 mln tons of Ukrainian grain exported by sea in March - AgriInsite](https://feedsoft.ai/events/14131-over-2-mln-tons-of-ukrainian-grain-exported-by-sea-in-march-agriinsite.md) | -0.6% | +1.2% |
| CORN | 2017-05-01 | [Grain trades drive Black Sea ports ‣ WorldCargo News](https://feedsoft.ai/events/70859-grain-trades-drive-black-sea-ports-worldcargo-news.md) | +1.1% | +4.2% |
| CORN | 2026-07-29 | [Wheat exports expected to face the biggest impact from Black Sea port shutdown — opinian](https://feedsoft.ai/events/18463-wheat-exports-expected-to-face-the-biggest-impact-from-black-sea-port-shutdown.md) | -1.3% | +4.4% |
| CORN | 2024-01-25 | [Ukraine's Black Sea grain export success tested by Red Sea crisis \| Reuters](https://feedsoft.ai/events/14327-ukraine-s-black-sea-grain-export-success-tested-by-red-sea-crisis-reuters.md) | -0.8% | -6.4% |

## Sources

- unsdg.un.org: https://unsdg.un.org/latest/stories/three-months-black-sea-grain-initiative-whats-been-achieved-and-why-its-important

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