Black Sea Initiative to keep markets volatile short term: Grain market daily

After 361 past bullish geopolitics events, Wheat (SRW) moved a median +0.7% over 5 sessions (58% higher; middle half -1.4% to +3.7%), and +1.3% over 20.

• Jan 25, 2022Frost risk remains for Black Sea crops: Grain market daily | AHDB-2.1%
• Nov 27, 2024How much Black Sea wheat is at risk of disruption? Grain market daily | AHDB-0.1%
• Oct 3, 2017Black Sea attacks revive fears of grain market turmoil - The Daily+4.7%
• Feb 27, 2023Ukraine seeks changes to the Black Sea Grain Initiative-2.4%
• Jul 27, 2023Dry Bulk Market: Russia’s Exit from the UN Black Sea Grain Initiative Will Have an Impact on Market - Nautical Voice+0.0%

After 53 past bearish geopolitics events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -1.9% to +1.2%), and +1.0% over 20.

• Jan 25, 2022Frost risk remains for Black Sea crops: Grain market daily | AHDB+6.2%
• May 17, 2023Black Sea deal extension sinks grain prices-3.0%
• May 4, 2023Wheat climbs to one-week high on Black Sea supply concerns - Markets - Business Recorder-0.8%
• Jun 13, 2024No end in sight for shipping volatility | World Grain-1.9%
• Mar 10, 2026Chicago soy, grains retreat as technical selling unwinds crude-driven rally - Markets - Business Recorder-2.1%