# Grain market braces for price flurry as Black Sea corridor in doubt

> Reuters reports that the Black Sea corridor, which allowed over 9 million tonnes of grain and oilseeds to leave Ukrainian ports, is in doubt. The corridor had helped steady grain markets after prices hit record levels.

- Date: 2022-10-30 · published 2022-10-30T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude high
- Page: https://feedsoft.ai/events/39027-grain-market-braces-for-price-flurry-as-black-sea-corridor-in-doubt
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Threats to Ukrainian shipments raise the risk of supply shortfalls for wheat, corn and sunflower-based products, which tends to lift global grain and oilseed prices.

## Read by commodity

- SBO: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- SUNMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-01-25 | [Frost risk remains for Black Sea crops: Grain market daily \| AHDB](https://feedsoft.ai/events/43080-frost-risk-remains-for-black-sea-crops-grain-market-daily-ahdb.md) | -2.1% | -0.8% |
| WHEAT | 2022-03-30 | [Black Sea Shutdown Increases Corn, Wheat Price Prospects \| Feed & Grain](https://feedsoft.ai/events/42327-black-sea-shutdown-increases-corn-wheat-price-prospects-feed-and-grain.md) | -7.8% | -3.0% |
| WHEAT | 2023-05-05 | [Black Sea tensions keep grain prices afloat](https://feedsoft.ai/events/7385-black-sea-tensions-keep-grain-prices-afloat.md) | -1.9% | -5.2% |
| WHEAT | 2025-12-02 | [Market Snapshot \| Black Sea tensions spur rally in grains - Pro Farmer](https://feedsoft.ai/events/11262-market-snapshot-black-sea-tensions-spur-rally-in-grains-pro-farmer.md) | -1.2% | -1.1% |
| WHEAT | 2017-10-03 | [Black Sea attacks revive fears of grain market turmoil - The Daily](https://feedsoft.ai/events/68358-black-sea-attacks-revive-fears-of-grain-market-turmoil-the-daily.md) | +4.7% | +0.4% |
| CORN | 2022-03-30 | [Black Sea Shutdown Increases Corn, Wheat Price Prospects \| Feed & Grain](https://feedsoft.ai/events/42327-black-sea-shutdown-increases-corn-wheat-price-prospects-feed-and-grain.md) | +5.4% | +6.9% |
| CORN | 2022-11-01 | [Wheat futures tumble after Russia rejoins Black Sea grain corridor deal - Fastmarkets](https://feedsoft.ai/events/7290-wheat-futures-tumble-after-russia-rejoins-black-sea-grain-corridor-deal.md) | +0.0% | -2.8% |
| CORN | 2023-05-05 | [Black Sea tensions keep grain prices afloat](https://feedsoft.ai/events/7385-black-sea-tensions-keep-grain-prices-afloat.md) | -0.2% | -7.5% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/grain-market-braces-price-leap-black-sea-corridor-halted-2022-10-30/
- reuters.com: https://www.reuters.com/markets/commodities/grain-market-braces-price-leap-black-sea-corridor-halted-2022-10-30/?taid=635efe7154379300016973ad

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