# Grain Transportation Report, July 20, 2023

> Russia declined to extend the Black Sea Grain Initiative that had let Ukraine export about 33 million metric tons of grain via its ports. The U.S. also announced $250 million in additional aid for Ukraine's agricultural infrastructure, including elevators and port facilities.

- Date: 2023-07-20 · published 2023-07-20T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude high
- Page: https://feedsoft.ai/events/16614-grain-transportation-report-july-20-2023
- 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

Ending the export corridor threatens Ukrainian wheat and corn flows and raises Black Sea risk premiums and freight costs, supporting global grain prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-07-28 | [Grain Market Report 28th July - Irish Farmers' Association](https://feedsoft.ai/events/12888-grain-market-report-28th-july-irish-farmers-association.md) | -0.1% | -2.1% |
| WHEAT | 2026-08-01 | [Arable Market Report – 13 July 2026](https://feedsoft.ai/events/10787-arable-market-report-13-july-2026.md) | -0.8% | +3.0% |
| WHEAT | 2026-07-16 | [Grains Report 07/16/2026 - Market InsightsMarket Insights](https://feedsoft.ai/events/9564-grains-report-07-16-2026-market-insightsmarket-insights.md) | +3.9% | +0.1% |
| WHEAT | 2022-02-26 | [Black Sea Grain Export Disruptions Won't Be Easy to Replace, Analyst Says](https://feedsoft.ai/events/42751-black-sea-grain-export-disruptions-won-t-be-easy-to-replace-analyst-says.md) | +12.1% | +26.0% |
| WHEAT | 2023-07-24 | [After the Bell \| July 24, 2023 - Pro Farmer](https://feedsoft.ai/events/11935-after-the-bell-july-24-2023-pro-farmer.md) | -0.4% | -0.1% |
| CORN | 2023-07-28 | [Grain Market Report 28th July - Irish Farmers' Association](https://feedsoft.ai/events/12888-grain-market-report-28th-july-irish-farmers-association.md) | -13.3% | -14.1% |
| CORN | 2026-08-01 | [Arable Market Report – 13 July 2026](https://feedsoft.ai/events/10787-arable-market-report-13-july-2026.md) | -0.1% | +8.6% |
| CORN | 2026-07-16 | [Grains Report 07/16/2026 - Market InsightsMarket Insights](https://feedsoft.ai/events/9564-grains-report-07-16-2026-market-insightsmarket-insights.md) | +3.1% | +0.6% |

## Sources

- doi.org: https://doi.org/10.9752/ts056.07-20-2023

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