# Unblocking the Black Sea for Ukrainian Grain | RAND

> RAND commentary argues navies of willing countries could escort grain ships out of blockaded Odesa-area ports. Ukrainian exports in May were more than 60 percent below the prior year, and about 22 million tons of grain could rot if not exported. Putin has said Russia is ready to facilitate unhindered sea transit in coordination with Turkey.

- Date: 2022-06-15 · published 2022-06-15T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/14481-unblocking-the-black-sea-for-ukrainian-grain-rand
- 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 naval escort mission that restored exports would release large grain volumes, while continued blockade keeps supply tight and supports feed grain prices.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-01-23 | [100 mln tons of grain transported via the Ukrainian Black sea corridor](https://feedsoft.ai/events/14145-100-mln-tons-of-grain-transported-via-the-ukrainian-black-sea-corridor.md) | +3.7% | +5.5% |
| WHEAT | 2023-02-27 | [Ukraine seeks changes to the Black Sea Grain Initiative](https://feedsoft.ai/events/14418-ukraine-seeks-changes-to-the-black-sea-grain-initiative.md) | -2.4% | -7.4% |
| WHEAT | 2023-06-01 | [Ukraine says Russia again blocking Black Sea grain export deal \| Reuters](https://feedsoft.ai/events/14384-ukraine-says-russia-again-blocking-black-sea-grain-export-deal-reuters.md) | -3.6% | +8.1% |
| WHEAT | 2022-06-28 | [The Battle for the Black Sea \| Russia-Ukraine war \| Al Jazeera](https://feedsoft.ai/events/14478-the-battle-for-the-black-sea-russia-ukraine-war-al-jazeera.md) | -7.7% | -16.6% |
| WHEAT | 2022-05-26 | [Black Sea ports still the best way to get Ukraine's grain moving fast \| Reuters](https://feedsoft.ai/events/14484-black-sea-ports-still-the-best-way-to-get-ukraine-s-grain-moving-fast-reuters.md) | -1.9% | -2.9% |
| CORN | 2026-01-23 | [100 mln tons of grain transported via the Ukrainian Black sea corridor](https://feedsoft.ai/events/14145-100-mln-tons-of-grain-transported-via-the-ukrainian-black-sea-corridor.md) | +1.6% | +0.5% |
| CORN | 2023-02-27 | [Ukraine seeks changes to the Black Sea Grain Initiative](https://feedsoft.ai/events/14418-ukraine-seeks-changes-to-the-black-sea-grain-initiative.md) | -1.3% | -1.8% |
| CORN | 2023-06-01 | [Ukraine says Russia again blocking Black Sea grain export deal \| Reuters](https://feedsoft.ai/events/14384-ukraine-says-russia-again-blocking-black-sea-grain-export-deal-reuters.md) | -2.2% | -3.2% |

## Sources

- rand.org: https://www.rand.org/pubs/commentary/2022/06/unblocking-the-black-sea-for-ukrainian-grain.html

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