# Russia, Turkey to pursue talks on Ukraine grain exports

> Russia and Turkey agreed to pursue talks on a potential safe sea corridor in the Black Sea to export Ukrainian grain, after discussions in Moscow. The defence ministries announced the agreement on Wednesday. Ukrainian wheat shipments remain halted by Russia's invasion.

- Date: 2022-06-23 · published 2022-06-23T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/14476-russia-turkey-to-pursue-talks-on-ukraine-grain-exports
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Reopening Ukrainian Black Sea ports would release stranded wheat and corn supplies, easing tight global feed grain prices and reducing the premium on alternative origins.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- OCEANFRT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-05-26 | [Turkey in talks with Russia, Ukraine over grain-export corridor](https://feedsoft.ai/events/14488-turkey-in-talks-with-russia-ukraine-over-grain-export-corridor.md) | -1.9% | -2.9% |
| WHEAT | 2022-05-31 | [Turkey, Russia to discuss Ukraine exports corridor in talks on June 8 \| Reuters](https://feedsoft.ai/events/14486-turkey-russia-to-discuss-ukraine-exports-corridor-in-talks-on-june-8-reuters.md) | -1.4% | -1.3% |
| WHEAT | 2021-02-21 | [Ukraine, Russia ink deal to export grain on Black Sea](https://feedsoft.ai/events/48492-ukraine-russia-ink-deal-to-export-grain-on-black-sea.md) | +0.7% | -0.7% |
| WHEAT | 2023-05-17 | [What are the deals on Ukraine, Russia grain exports? \| Reuters](https://feedsoft.ai/events/14390-what-are-the-deals-on-ukraine-russia-grain-exports-reuters.md) | -1.4% | -6.9% |
| WHEAT | 2023-04-17 | [What are the deals on Ukraine, Russia grain exports? \| Reuters](https://feedsoft.ai/events/14397-what-are-the-deals-on-ukraine-russia-grain-exports-reuters.md) | +7.8% | -1.4% |
| CORN | 2022-05-26 | [Turkey in talks with Russia, Ukraine over grain-export corridor](https://feedsoft.ai/events/14488-turkey-in-talks-with-russia-ukraine-over-grain-export-corridor.md) | -4.6% | -3.2% |
| CORN | 2022-05-31 | [Turkey, Russia to discuss Ukraine exports corridor in talks on June 8 \| Reuters](https://feedsoft.ai/events/14486-turkey-russia-to-discuss-ukraine-exports-corridor-in-talks-on-june-8-reuters.md) | -0.8% | -2.6% |
| CORN | 2021-02-21 | [Ukraine, Russia ink deal to export grain on Black Sea](https://feedsoft.ai/events/48492-ukraine-russia-ink-deal-to-export-grain-on-black-sea.md) | +1.6% | -3.4% |

## Sources

- reuters.com: https://www.reuters.com/world/russia-turkey-agree-more-consultations-grain-exports-ukraine-2022-06-22/

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