# U.N., Turkey Race to Save Ukraine Grain Deal

> The UN and Turkey scrambled on Sunday to rescue the agreement allowing Ukraine to ship grain through the Black Sea, a day after Russia suspended it. The move threatens global food prices and puts pressure on Ukraine's allies.

- Date: 2022-10-30 · published 2022-10-30T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude high
- Page: https://feedsoft.ai/events/14450-u-n-turkey-race-to-save-ukraine-grain-deal
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

If the deal collapses, Ukrainian wheat and corn exports would be cut, tightening global supply and supporting prices.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-10-29 | [U.N., Turkey, Ukraine press ahead with Black Sea grain deal despite Russian pullout \| Reuters](https://feedsoft.ai/events/14445-u-n-turkey-ukraine-press-ahead-with-black-sea-grain-deal-despite-russian.md) | -5.6% | +2.4% |
| WHEAT | 2023-07-28 | [Satellite images reveal damage to Ukraine grain ports](https://feedsoft.ai/events/14381-satellite-images-reveal-damage-to-ukraine-grain-ports.md) | -0.1% | -2.1% |
| WHEAT | 2022-10-31 | [Turkey promises to keep grain moving despite Russian suspension \| Russia-Ukraine war News \| Al Jazeera](https://feedsoft.ai/events/14446-turkey-promises-to-keep-grain-moving-despite-russian-suspension-russia-ukraine.md) | -5.6% | +2.4% |
| WHEAT | 2023-06-01 | [Ukraine says Russia again blocking Black Sea grain export deal \| Reuters](https://feedsoft.ai/events/14384-ukraine-says-russia-again-blocking-black-sea-grain-export-deal-reuters.md) | -3.6% | +8.1% |
| 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% |
| CORN | 2022-10-29 | [U.N., Turkey, Ukraine press ahead with Black Sea grain deal despite Russian pullout \| Reuters](https://feedsoft.ai/events/14445-u-n-turkey-ukraine-press-ahead-with-black-sea-grain-deal-despite-russian.md) | -2.2% | -3.8% |
| CORN | 2023-07-28 | [Satellite images reveal damage to Ukraine grain ports](https://feedsoft.ai/events/14381-satellite-images-reveal-damage-to-ukraine-grain-ports.md) | -13.3% | -14.1% |
| CORN | 2022-10-31 | [Turkey promises to keep grain moving despite Russian suspension \| Russia-Ukraine war News \| Al Jazeera](https://feedsoft.ai/events/14446-turkey-promises-to-keep-grain-moving-despite-russian-suspension-russia-ukraine.md) | -2.2% | -3.8% |

## Sources

- wsj.com: https://www.wsj.com/articles/u-n-turkey-race-to-save-ukraine-grain-deal-11667157614

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