# Ukraine, Russia ink deal to export grain on Black Sea

> Russia and Ukraine signed separate agreements with Turkey and the United Nations to allow Ukrainian grain and fertiliser to leave Black Sea ports, which had been blocked by war. The deal is expected to enable Ukraine to export 22 million tonnes of grain and other agricultural products, and Russian grain and fertiliser exports are also covered.

- Date: 2021-02-21 · published 2021-02-21T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude high
- Page: https://feedsoft.ai/events/48492-ukraine-russia-ink-deal-to-export-grain-on-black-sea
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Reopening Black Sea ports adds large volumes of wheat and corn to world supply, which pressures prices lower and eases the shortage that had supported them.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-05-09 | [How Ukraine broke Russia’s grip in the Black Sea](https://feedsoft.ai/events/14301-how-ukraine-broke-russia-s-grip-in-the-black-sea.md) | +2.0% | +6.5% |
| WHEAT | 2023-03-18 | [Ukraine Black Sea grain export deal extended, UN and Turkey say \| Russia-Ukraine war News \| Al Jazeera](https://feedsoft.ai/events/14408-ukraine-black-sea-grain-export-deal-extended-un-and-turkey-say-russia-ukraine.md) | -3.3% | +1.0% |
| WHEAT | 2022-11-17 | [Black Sea grain export deal extended, but Russia wants more on fertiliser exports](https://feedsoft.ai/events/14436-black-sea-grain-export-deal-extended-but-russia-wants-more-on-fertiliser-exports.md) | +1.0% | -0.5% |
| WHEAT | 2023-04-17 | [What are the deals on Ukraine, Russia grain exports? \| Reuters](https://feedsoft.ai/events/14397-what-are-the-deals-on-ukraine-russia-grain-exports-reuters.md) | +7.8% | -1.4% |
| WHEAT | 2023-05-17 | [What are the deals on Ukraine, Russia grain exports? \| Reuters](https://feedsoft.ai/events/14390-what-are-the-deals-on-ukraine-russia-grain-exports-reuters.md) | -1.4% | -6.9% |
| CORN | 2024-05-09 | [How Ukraine broke Russia’s grip in the Black Sea](https://feedsoft.ai/events/14301-how-ukraine-broke-russia-s-grip-in-the-black-sea.md) | +2.7% | +0.5% |
| CORN | 2023-03-18 | [Ukraine Black Sea grain export deal extended, UN and Turkey say \| Russia-Ukraine war News \| Al Jazeera](https://feedsoft.ai/events/14408-ukraine-black-sea-grain-export-deal-extended-un-and-turkey-say-russia-ukraine.md) | -0.0% | +0.4% |
| CORN | 2022-11-17 | [Black Sea grain export deal extended, but Russia wants more on fertiliser exports](https://feedsoft.ai/events/14436-black-sea-grain-export-deal-extended-but-russia-wants-more-on-fertiliser-exports.md) | -1.7% | -4.9% |

## Sources

- news24online-nextjs.go-vip.net: https://news24online-nextjs.go-vip.net/uncategorized/ukraine-russia-ink-deal-to-export-grain-on-black-sea/3108

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