◂ Event Timeline

Sep 4, 2022LOGISTICSBlack Sea

Joint Coordination Centre: Over 2 million metric tons of grain and foodstuff exported from Ukraine through Black Sea Grain Initiative

The Joint Coordination Centre authorised three outbound vessels carrying 49,250 metric tons of corn and wheat from Chornomorsk, Pivdennyi and Odesa. Total exports under the initiative had reached 2,076,280 tonnes across 187 voyages by 4 September.

WHY IT MATTERS

Each authorised sailing moves corn and wheat to buyers in Egypt and Türkiye, adding to export supply and easing upward price pressure on both grains.

AFFECTSCORN▼WHEAT▼

SOURCE
turkiye.un.orgSep 4, 2022

Price reaction & history

CORN▼bearishSO FAR1d -2.0%5d +0.5%20d -1.9%

After 359 past bearish logistics events, CORN moved a median -0.3% over 5 sessions (44% higher; middle half -1.5% to +1.5%), and -0.5% over 20.

Feb 26, 202426 Million Tons Of Cargo Exported Through Ukraine’s Black Sea Corridor » The Center for Transport Strategies+0.5%
Nov 4, 2022Information note by the UN Secretariat at the Joint Coordination Centre | United Nations-0.9%
Dec 4, 2023Infrastructure Minister: 7 million metric tons of cargo transported through Black Sea humanitarian corridor+1.7%
Dec 30, 2023Ukraine Exports Through Black Sea Shipping Corridor Reach 13 Million Tons - Bloomberg-2.0%
Jul 27, 202460 million tons of cargo exported so far through Ukrainian maritime corridor-1.0%

WHEAT▼bearishSO FAR1d -1.7%5d -0.5%20d +4.5%

After 137 past bearish logistics events, WHEAT moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.0%), and +0.0% over 20.

Feb 26, 202426 Million Tons Of Cargo Exported Through Ukraine’s Black Sea Corridor » The Center for Transport Strategies-4.4%
Nov 4, 2022Information note by the UN Secretariat at the Joint Coordination Centre | United Nations+7.3%
Dec 4, 2023Infrastructure Minister: 7 million metric tons of cargo transported through Black Sea humanitarian corridor+0.5%
Dec 30, 2023Ukraine Exports Through Black Sea Shipping Corridor Reach 13 Million Tons - Bloomberg+2.6%
Jul 27, 202460 million tons of cargo exported so far through Ukrainian maritime corridor-4.2%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

CORN · GP ▸

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WHEAT · GP ▸

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