# Insight: Even with U.N. deal, Ukraine faces long haul to shift grain mountain

> Reuters reports that at the current export pace it would take about six months to ship the remaining grain from last year's harvest through the three Ukrainian ports. A new harvest, including about 20 million tonnes of wheat and roughly 30 million tonnes of corn, will add to the backlog.

- Date: 2022-09-08 · published 2022-09-08T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/14457-insight-even-with-u-n-deal-ukraine-faces-long-haul-to-shift-grain-mountain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A slow clearance of old stocks combined with a large new crop keeps Ukrainian corn and wheat supplies heavy, which tends to cap export prices.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-07-29 | [Ukraine ready for first grain ship in Russia deal - BBC News](https://feedsoft.ai/events/14472-ukraine-ready-for-first-grain-ship-in-russia-deal-bbc-news.md) | +2.4% | +3.2% |
| CORN | 2022-07-25 | [First Ukraine Black Sea grain shipments could move in days - U.N., Ukraine](https://feedsoft.ai/events/14470-first-ukraine-black-sea-grain-shipments-could-move-in-days-u-n-ukraine.md) | -0.8% | +3.7% |
| CORN | 2022-08-17 | [Three more ships leave Ukrainian ports under U.N.-brokered grain deal](https://feedsoft.ai/events/40151-three-more-ships-leave-ukrainian-ports-under-u-n-brokered-grain-deal.md) | +0.3% | +3.8% |
| CORN | 2025-08-12 | [Rising Freight Rates for Grain Shipping from Ukraine](https://feedsoft.ai/events/14187-rising-freight-rates-for-grain-shipping-from-ukraine.md) | +0.0% | +4.3% |
| CORN | 2022-09-04 | [Ukraine dispatches its biggest grain convoy of U.N. deal so far - ministry \| Reuters](https://feedsoft.ai/events/14458-ukraine-dispatches-its-biggest-grain-convoy-of-u-n-deal-so-far-ministry-reuters.md) | +0.5% | -1.9% |
| WHEAT | 2023-09-16 | [Two ships arrive in Ukraine port to load grain](https://feedsoft.ai/events/14364-two-ships-arrive-in-ukraine-port-to-load-grain.md) | -0.8% | -2.4% |
| WHEAT | 2022-07-29 | [Ukraine ready for first grain ship in Russia deal - BBC News](https://feedsoft.ai/events/14472-ukraine-ready-for-first-grain-ship-in-russia-deal-bbc-news.md) | +4.4% | -0.4% |
| WHEAT | 2022-07-25 | [First Ukraine Black Sea grain shipments could move in days - U.N., Ukraine](https://feedsoft.ai/events/14470-first-ukraine-black-sea-grain-shipments-could-move-in-days-u-n-ukraine.md) | -9.5% | -0.1% |

## Sources

- reuters.com: https://www.reuters.com/markets/europe/even-with-un-deal-ukraine-faces-long-haul-shift-grain-mountain-2022-09-08/

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