
Escalating attacks on Black Sea ports and vessels have stalled grain trade, pushing Turkish feed prices back to May levels. Türkiye sources 98% of its imported wheat, 97% of sunflower meal and 86% of corn from Russia and Ukraine.
Turkish officials call for a second grain corridor and eased export rules.
Stranded cargoes and higher war-risk insurance and freight raise delivered costs for Turkish feed millers, supporting prices for the affected feed grains and meals.
After 285 past bullish logistics events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.5%), and +0.8% over 20.
After 283 past bullish logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.4% to +1.3%), and -0.1% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.