# Failing Ukrainian, Russian peace talks drive up grain futures - Brownfield Ag News

> Soybean, corn and wheat futures closed higher after failing Ukraine-Russia peace talks raised supply concerns in the Black Sea region. USDA also announced a private sale of 128,000 metric tons of new-crop soybeans to Mexico. Soybean oil gained support from crude oil.

- Date: 2022-03-30 · published 2022-03-30T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/42373-failing-ukrainian-russian-peace-talks-drive-up-grain-futures-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Stalled peace talks prolong Black Sea grain supply risk, and the Mexican soybean sale adds export demand, both supporting feed grain and oilseed prices.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-05-20 | [Wheat Futures Surge on Russian Crop Worries -- Daily Grain Highlights](https://feedsoft.ai/events/4597-wheat-futures-surge-on-russian-crop-worries-daily-grain-highlights.md) | +1.6% | -5.7% |
| SOY | 2022-04-04 | [Grains gain as peace hopes fade in Ukraine – The Seam](https://feedsoft.ai/events/41882-grains-gain-as-peace-hopes-fade-in-ukraine-the-seam.md) | +6.7% | +5.8% |
| SOY | 2023-07-17 | [Russia-Ukraine grain deal: What does it mean for global food prices](https://feedsoft.ai/events/35104-russia-ukraine-grain-deal-what-does-it-mean-for-global-food-prices.md) | +0.4% | -6.3% |
| SOY | 2025-12-22 | [U.S. grains: Wheat leads grains higher with Russian strikes in focus - Grainews](https://feedsoft.ai/events/21539-u-s-grains-wheat-leads-grains-higher-with-russian-strikes-in-focus-grainews.md) | +0.0% | +1.5% |
| SOY | 2023-07-17 | [Black Sea grain deal expires after Russia quits \| Reuters](https://feedsoft.ai/events/7057-black-sea-grain-deal-expires-after-russia-quits-reuters.md) | +0.4% | -6.3% |
| CORN | 2020-07-09 | [Ukraine Railway Seeks New Grain Routes as Russia Strikes Ports \| Ukrainian Agrarian Confederation](https://feedsoft.ai/events/52138-ukraine-railway-seeks-new-grain-routes-as-russia-strikes-ports-ukrainian.md) | -5.2% | -6.9% |
| CORN | 2022-10-31 | [Wheat futures jump, hitting record high in Sydney, after Russia exits Black Sea deal - Grain Price News](https://feedsoft.ai/events/39157-wheat-futures-jump-hitting-record-high-in-sydney-after-russia-exits-black-sea.md) | -2.2% | -3.8% |
| CORN | 2022-10-31 | [Turkey promises to keep grain moving despite Russian suspension \| Russia-Ukraine war News \| Al Jazeera](https://feedsoft.ai/events/14446-turkey-promises-to-keep-grain-moving-despite-russian-suspension-russia-ukraine.md) | -2.2% | -3.8% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/failing-ukrainian-russian-peace-talks-drive-up-grain-futures/

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