# Turkish team to discuss Black Sea grain corridor in Russia this week -sources

> Turkish officials planned to discuss a Black Sea grain corridor in Russia this week, according to sources. The plan envisages three corridors from Odesa under Kyiv's supervision for both Ukrainian and Russian food products. Sources said 30-35 million tonnes of grain could be shipped within six to eight months.

- Date: 2022-06-22 · published 2022-06-22T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/14477-turkish-team-to-discuss-black-sea-grain-corridor-in-russia-this-week-sources
- 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

A corridor capable of moving 30-35 million tonnes would significantly increase near-term export supply of corn and wheat, pressuring prices lower.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-11-01 | [Wheat futures tumble after Russia rejoins Black Sea grain corridor deal - Fastmarkets](https://feedsoft.ai/events/7290-wheat-futures-tumble-after-russia-rejoins-black-sea-grain-corridor-deal.md) | +7.3% | +7.7% |
| WHEAT | 2022-11-22 | [Black Sea grain corridor lives on](https://feedsoft.ai/events/14443-black-sea-grain-corridor-lives-on.md) | -1.2% | -3.7% |
| WHEAT | 2024-02-04 | [Turkey to discuss 'new mechanism' for Ukraine Black Sea grain exports with Russia, minister says](https://feedsoft.ai/events/14322-turkey-to-discuss-new-mechanism-for-ukraine-black-sea-grain-exports-with-russia.md) | -1.3% | -9.3% |
| 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% |
| CORN | 2022-11-22 | [Black Sea grain corridor lives on](https://feedsoft.ai/events/14443-black-sea-grain-corridor-lives-on.md) | -1.5% | -3.0% |
| CORN | 2024-02-04 | [Turkey to discuss 'new mechanism' for Ukraine Black Sea grain exports with Russia, minister says](https://feedsoft.ai/events/14322-turkey-to-discuss-new-mechanism-for-ukraine-black-sea-grain-exports-with-russia.md) | -4.6% | -6.1% |
| 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% |

## Sources

- reuters.com: https://www.reuters.com/world/turkish-team-discuss-black-sea-grain-corridor-russia-this-week-media-2022-06-21/

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