# Turkey in talks with Russia, Ukraine over grain-export corridor

> Turkey is negotiating with Russia and Ukraine to open a grain export corridor through the Bosphorus. Ukraine's Black Sea ports have been blocked since the February invasion. More than 20 million tonnes of grain are stuck in silos there.

- Date: 2022-05-26 · published 2022-05-26T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/14488-turkey-in-talks-with-russia-ukraine-over-grain-export-corridor
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A Bosphorus corridor would give a route to release stranded grain, which would soften wheat and corn prices. Any delay keeps the supply shortage in place.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2022-06-23 | [Russia, Turkey to pursue talks on Ukraine grain exports](https://feedsoft.ai/events/14476-russia-turkey-to-pursue-talks-on-ukraine-grain-exports.md) | +1.7% | -4.4% |
| 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 | 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 | 2022-11-02 | [Grain export corridor update, Russia resumes: Grain market daily \| AHDB](https://feedsoft.ai/events/7737-grain-export-corridor-update-russia-resumes-grain-market-daily-ahdb.md) | +6.5% | +7.6% |
| 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 | 2022-06-23 | [Russia, Turkey to pursue talks on Ukraine grain exports](https://feedsoft.ai/events/14476-russia-turkey-to-pursue-talks-on-ukraine-grain-exports.md) | +1.6% | -10.7% |
| 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/markets/commodities/turkey-talks-with-russia-ukraine-over-grain-export-corridor-senior-official-2022-05-26/

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