# Alert: Ukraine, Türkiye move to restore Black Sea grain corridor

> Ukrainian President Zelensky and Turkish President Erdoğan agreed to work together to restore the Black Sea grain corridor. They are pushing for expanded multilateral talks with European partners, possibly held in Türkiye.

- Date: 2026-10-31 · published 2026-11-01T06:09:47.605Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/4205-alert-ukraine-turkiye-move-to-restore-black-sea-grain-corridor
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A credible reopening could return an estimated 1-3 million tonnes per month of wheat, corn and oilseeds to seaborne markets, reducing the Black Sea risk premium in forward grain prices. Progress would be bearish for wheat and corn, though talks are at an early stage.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-11-22 | [Black Sea grain corridor lives on](https://feedsoft.ai/events/14443-black-sea-grain-corridor-lives-on.md) | -1.2% | -3.7% |
| WHEAT | 2021-02-21 | [Ukraine, Russia ink deal to export grain on Black Sea](https://feedsoft.ai/events/48492-ukraine-russia-ink-deal-to-export-grain-on-black-sea.md) | +0.7% | -0.7% |
| WHEAT | 2023-05-17 | [Ukraine Black Sea grain deal extended for two months \| Reuters](https://feedsoft.ai/events/14391-ukraine-black-sea-grain-deal-extended-for-two-months-reuters.md) | -1.4% | -6.9% |
| WHEAT | 2022-06-06 | [Ukraine Cautious as Turkey, Russia Push to Restart Black Sea Grain Shipments - Bloomberg](https://feedsoft.ai/events/14483-ukraine-cautious-as-turkey-russia-push-to-restart-black-sea-grain-shipments.md) | +0.1% | -0.9% |
| WHEAT | 2022-06-22 | [Turkish team to discuss Black Sea grain corridor in Russia this week -sources](https://feedsoft.ai/events/14477-turkish-team-to-discuss-black-sea-grain-corridor-in-russia-this-week-sources.md) | +1.8% | -4.6% |
| CORN | 2022-11-22 | [Black Sea grain corridor lives on](https://feedsoft.ai/events/14443-black-sea-grain-corridor-lives-on.md) | -1.5% | -3.0% |
| CORN | 2021-02-21 | [Ukraine, Russia ink deal to export grain on Black Sea](https://feedsoft.ai/events/48492-ukraine-russia-ink-deal-to-export-grain-on-black-sea.md) | +1.6% | -3.4% |
| CORN | 2023-05-17 | [Ukraine Black Sea grain deal extended for two months \| Reuters](https://feedsoft.ai/events/14391-ukraine-black-sea-grain-deal-extended-for-two-months-reuters.md) | +2.4% | +0.5% |

## Sources

- hamerintel.com: https://hamerintel.com/data/alerts/28718

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