# Traders Seeking Buyers for Discounted Ukrainian Grain Cargoes Coming to Market

> Traders began offering more Ukrainian grain for sale after the first shipment since Russia's invasion left port, with roughly 20 million tonnes of last year's crop still stuck in the country. Ukrainian 11.5% milling wheat was offered at $310 to $320 per tonne FOB, about $10 to $20 cheaper than Russian origin, and roughly 70 ships were waiting to sail.

- Date: 2022-08-05 · published 2022-08-05T12:00:00.000Z
- Category: trade · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/39926-traders-seeking-buyers-for-discounted-ukrainian-grain-cargoes-coming-to-market
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A large overhang of discounted Ukrainian grain that can now move adds export supply and pressures wheat and corn prices, with the potential to shift global feed grain flows.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-03-10 | [Exports of grain and oilseed cargoes from the Ukrainian seaports: results of 2019](https://feedsoft.ai/events/53982-exports-of-grain-and-oilseed-cargoes-from-the-ukrainian-seaports-results-of-2019.md) | -4.8% | -5.7% |
| WHEAT | 2019-05-06 | [Trump Trade Tweets Send Grain Markets Diving to 42-Year Low - Bloomberg](https://feedsoft.ai/events/7488-trump-trade-tweets-send-grain-markets-diving-to-42-year-low-bloomberg.md) | -5.4% | -9.6% |
| WHEAT | 2018-04-13 | [Export of grain from Ukrainian seaports boosted 40% in March — Latifundist.com](https://feedsoft.ai/events/65357-export-of-grain-from-ukrainian-seaports-boosted-40-in-march-latifundist-com.md) | +3.3% | +2.7% |
| WHEAT | 2019-11-25 | [Grain trade: Competition EU and Black Sea countries](https://feedsoft.ai/events/55914-grain-trade-competition-eu-and-black-sea-countries.md) | +1.0% | -1.1% |
| WHEAT | 2019-02-21 | [Grain prices fall in a complex market - Farmers Weekly](https://feedsoft.ai/events/6775-grain-prices-fall-in-a-complex-market-farmers-weekly.md) | -3.2% | +0.7% |
| CORN | 2020-03-10 | [Exports of grain and oilseed cargoes from the Ukrainian seaports: results of 2019](https://feedsoft.ai/events/53982-exports-of-grain-and-oilseed-cargoes-from-the-ukrainian-seaports-results-of-2019.md) | -3.4% | -3.3% |
| CORN | 2018-02-09 | [China traders cancel U.S. corn cargoes on tighter GMO controls, buy from Ukraine: sources](https://feedsoft.ai/events/66376-china-traders-cancel-u-s-corn-cargoes-on-tighter-gmo-controls-buy-from-ukraine.md) | +0.2% | +3.3% |
| CORN | 2019-05-06 | [Trump Trade Tweets Send Grain Markets Diving to 42-Year Low - Bloomberg](https://feedsoft.ai/events/7488-trump-trade-tweets-send-grain-markets-diving-to-42-year-low-bloomberg.md) | -3.2% | +10.5% |

## Sources

- gcaptain.com: https://gcaptain.com/traders-seeking-buyers-for-discounted-ukrainian-grain-cargoes-coming-to-market/

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