# French grain exports to China increase as Black Sea prices surge | S&P Global

> Three Panamax cargoes of French grain have been fixed for China since October 15, as Black Sea corn prices rose on a poor Ukrainian harvest. The Platts FOB Black Sea corn assessment reached $231/mt on November 4, up from $199.50 on October 1.

- Date: 2020-11-05 · published 2020-11-05T12:00:00.000Z
- Category: weather · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/50042-french-grain-exports-to-china-increase-as-black-sea-prices-surge-s-and-p-global
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Ukraine's below-average corn yield and higher Black Sea prices are pulling Chinese demand toward alternative origins, which supports global corn values and lifts freight demand on longer routes.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-09-16 | [China: Corn Crop Impacted by Adverse Weather, as U.S. Wheat and Soybean Exports Increase - Farm Policy News](https://feedsoft.ai/events/9341-china-corn-crop-impacted-by-adverse-weather-as-u-s-wheat-and-soybean-exports.md) | +1.1% | +4.7% |
| CORN | 2021-08-23 | [Prices for Ukrainian grain have increased in ports \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/45403-prices-for-ukrainian-grain-have-increased-in-ports-ukrainian-and-world-shipping.md) | +2.3% | -5.5% |
| CORN | 2025-03-25 | [Global corn stocks low and falling - prices to rise](https://feedsoft.ai/events/25595-global-corn-stocks-low-and-falling-prices-to-rise.md) | -1.5% | +3.1% |
| CORN | 2021-05-13 | [A"maize"ing global support for wheat prices \| The Land \| NSW](https://feedsoft.ai/events/47137-a-maize-ing-global-support-for-wheat-prices-the-land-nsw.md) | -7.7% | -2.2% |
| CORN | 2021-08-30 | [ANALYSIS: Corn buyers unlikely to get reprieve from higher prices in 2021-22 \| S&P Global](https://feedsoft.ai/events/45596-analysis-corn-buyers-unlikely-to-get-reprieve-from-higher-prices-in-2021-22-s.md) | -6.1% | -11.6% |
| WHEAT | 2024-05-22 | [Black Sea, Canadian wheat prices surge on weather, crop fears \| S&P Global](https://feedsoft.ai/events/30289-black-sea-canadian-wheat-prices-surge-on-weather-crop-fears-s-and-p-global.md) | -7.4% | -10.9% |
| WHEAT | 2022-12-26 | [Severe Christmas frosts in the USA led to a speculative increase in wheat prices](https://feedsoft.ai/events/38286-severe-christmas-frosts-in-the-usa-led-to-a-speculative-increase-in-wheat-prices.md) | +0.8% | -7.2% |
| WHEAT | 2019-01-28 | [Global grain prices on the move \| Farm Online \| ACT](https://feedsoft.ai/events/61168-global-grain-prices-on-the-move-farm-online-act.md) | +0.1% | -2.8% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/110520-french-grain-exports-to-china-increase-as-black-sea-prices-surge

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