# The UN-brokered Black Sea Deal and Impacts on Global Food Security - United States Department of State

> A US State Department briefing said the UN-brokered Black Sea deal had enabled over 100 ships to cross the Black Sea in its first month, shipping over 2 million metric tons of agricultural exports. The US official said the deal had lowered prices and stabilized markets.

- Date: 2022-09-10 · published 2022-09-10T12:00:00.000Z
- Category: policy · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/14459-the-un-brokered-black-sea-deal-and-impacts-on-global-food-security-united
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Official confirmation that the corridor is operating at scale supports expectations of steady Ukrainian grain flows, which weighs on wheat and corn prices.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-04-09 | [USDA and Mexico Actions Impact Genetically Engineered Foods in the United States \| Wiley Rein LLP - JDSupra](https://feedsoft.ai/events/47586-usda-and-mexico-actions-impact-genetically-engineered-foods-in-the-united.md) | +1.1% | +23.4% |
| CORN | 2019-03-13 | [The Release of China’s Rice Stocks Could Impact Global Feed Markets \| Economic Research Service](https://feedsoft.ai/events/60169-the-release-of-china-s-rice-stocks-could-impact-global-feed-markets-economic.md) | +4.3% | -1.0% |
| CORN | 2020-04-16 | [Five oil-refining states ask US EPA to waive biofuel mandate amid plunging fuel demand \| S&P Global](https://feedsoft.ai/events/53530-five-oil-refining-states-ask-us-epa-to-waive-biofuel-mandate-amid-plunging-fuel.md) | -1.1% | -1.4% |
| CORN | 2021-11-03 | [Mexico: Front line of the global food war – POLITICO](https://feedsoft.ai/events/44040-mexico-front-line-of-the-global-food-war-politico.md) | +1.2% | -1.3% |
| CORN | 2024-05-23 | [China's food security dream faces land, soil and water woes \| Reuters](https://feedsoft.ai/events/14750-china-s-food-security-dream-faces-land-soil-and-water-woes-reuters.md) | +1.8% | +2.4% |
| WHEAT | 2024-05-23 | [China's food security dream faces land, soil and water woes \| Reuters](https://feedsoft.ai/events/14750-china-s-food-security-dream-faces-land-soil-and-water-woes-reuters.md) | -7.4% | -11.1% |
| WHEAT | 2019-05-23 | [USDA Announces Support for Farmers Impacted by Unjustified Retaliation and Trade Disruption](https://feedsoft.ai/events/5441-usda-announces-support-for-farmers-impacted-by-unjustified-retaliation-and.md) | -13.0% | -6.4% |
| WHEAT | 2026-09-02 | [Russia Pauses Grain Export Duty as Black Sea Exports Stall (2)](https://feedsoft.ai/events/14087-russia-pauses-grain-export-duty-as-black-sea-exports-stall-2.md) | +0.7% | +2.9% |

## Sources

- 2021-2025.state.gov: https://2021-2025.state.gov/briefings-foreign-press-centers/black-sea-deal-and-impacts-on-global-food-security/

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