# Current market picture hangs in the balance - Manitoba Co-operator

> MarketsFarm analyst Bruce Burnett says the Russia-Ukraine conflict is unlike any previous war because both sides are major agricultural exporters. Ukraine's exports are about a third below normal, and markets swing sharply on peace-talk headlines.

- Date: 2022-03-24 · published 2022-03-24T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/42237-current-market-picture-hangs-in-the-balance-manitoba-co-operator
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lost exports from Ukraine and Russia tighten global wheat and feed grain supplies, keeping prices volatile and supported for buyers.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-11-20 | [Has the Global Wheat Market Changed?](https://feedsoft.ai/events/27442-has-the-global-wheat-market-changed.md) | -0.0% | +0.4% |
| WHEAT | 2018-08-29 | [U.S. grains: Wheat soars on new rumours of Russian export curbs - Manitoba Co-operator](https://feedsoft.ai/events/63567-u-s-grains-wheat-soars-on-new-rumours-of-russian-export-curbs-manitoba-co.md) | +5.6% | -0.9% |
| WHEAT | 2022-03-29 | [Brazil hopes to be the corn market saviour - Grain Central](https://feedsoft.ai/events/13736-brazil-hopes-to-be-the-corn-market-saviour-grain-central.md) | -9.0% | -3.6% |
| WHEAT | 2022-02-27 | [The Big Picture: Major escalations — Breakwave Advisors](https://feedsoft.ai/events/42609-the-big-picture-major-escalations-breakwave-advisors.md) | +12.1% | +26.0% |
| WHEAT | 2022-02-28 | [Balancing the outlook for agriculture \| ANZ](https://feedsoft.ai/events/42660-balancing-the-outlook-for-agriculture-anz.md) | +12.1% | +26.0% |
| CORN | 2018-08-29 | [U.S. grains: Wheat soars on new rumours of Russian export curbs - Manitoba Co-operator](https://feedsoft.ai/events/63567-u-s-grains-wheat-soars-on-new-rumours-of-russian-export-curbs-manitoba-co.md) | +2.7% | +4.2% |
| CORN | 2022-03-29 | [Brazil hopes to be the corn market saviour - Grain Central](https://feedsoft.ai/events/13736-brazil-hopes-to-be-the-corn-market-saviour-grain-central.md) | +2.7% | +4.0% |
| CORN | 2022-02-27 | [The Big Picture: Major escalations — Breakwave Advisors](https://feedsoft.ai/events/42609-the-big-picture-major-escalations-breakwave-advisors.md) | +10.4% | +14.4% |

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/news-opinion/news/current-market-picture-hangs-in-the-balance/

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