# 'A beacon of hope': Ukraine, Russia sign grain export deal | AP News

> Ukraine and Russia signed an agreement to release grain and other agricultural goods stuck in Black Sea ports. UN Secretary General António Guterres called the deal a beacon of hope for hungry people worldwide.

- Date: 2022-07-22 · published 2022-07-22T12:00:00.000Z
- Category: trade · region Black Sea · magnitude high
- Page: https://feedsoft.ai/events/14469-a-beacon-of-hope-ukraine-russia-sign-grain-export-deal-ap-news
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Release of stranded Ukrainian grain eases global supply tightness, which lowers wheat and corn prices.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-07-22 | [Ukraine war: Deal signed to allow grain exports to resume by sea - BBC News](https://feedsoft.ai/events/14474-ukraine-war-deal-signed-to-allow-grain-exports-to-resume-by-sea-bbc-news.md) | -10.2% | -1.7% |
| WHEAT | 2022-07-22 | [U.N.-led deal to ensure safe export of Ukraine's grain](https://feedsoft.ai/events/14468-u-n-led-deal-to-ensure-safe-export-of-ukraine-s-grain.md) | -10.2% | -1.7% |
| WHEAT | 2022-09-13 | [UN: Food exports from Ukraine are up, Russia fertilizer down \| AP News](https://feedsoft.ai/events/14454-un-food-exports-from-ukraine-are-up-russia-fertilizer-down-ap-news.md) | +4.3% | -8.0% |
| WHEAT | 2018-10-18 | [Ukraine reduces the rate of grain exports, as Russia is stepping up](https://feedsoft.ai/events/62390-ukraine-reduces-the-rate-of-grain-exports-as-russia-is-stepping-up.md) | +0.3% | -3.9% |
| WHEAT | 2017-01-24 | [News from Russia and Ukraine](https://feedsoft.ai/events/72852-news-from-russia-and-ukraine.md) | +1.1% | +4.6% |
| CORN | 2022-07-22 | [Ukraine war: Deal signed to allow grain exports to resume by sea - BBC News](https://feedsoft.ai/events/14474-ukraine-war-deal-signed-to-allow-grain-exports-to-resume-by-sea-bbc-news.md) | -2.2% | +1.9% |
| CORN | 2022-07-22 | [U.N.-led deal to ensure safe export of Ukraine's grain](https://feedsoft.ai/events/14468-u-n-led-deal-to-ensure-safe-export-of-ukraine-s-grain.md) | -2.2% | +1.9% |
| CORN | 2018-10-18 | [Ukraine reduces the rate of grain exports, as Russia is stepping up](https://feedsoft.ai/events/62390-ukraine-reduces-the-rate-of-grain-exports-as-russia-is-stepping-up.md) | -2.2% | -6.8% |

## Sources

- apnews.com: https://apnews.com/article/russia-ukraine-middle-east-global-trade-a2c89d94a0f8473b40a1fcde5710bda8

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