# Are Black Sea grain exporters turning to ‘food nationalism’? | 2020-04-27  | World Grain

> Russia, Ukraine and Kazakhstan have adopted protectionist grain export restrictions during the COVID-19 pandemic. Russian domestic wheat prices reached a record 13,300 rubles per tonne as farmers held grain amid a weak ruble.

- Date: 2020-04-27 · published 2020-04-27T12:00:00.000Z
- Category: policy · region Black Sea · magnitude high
- Page: https://feedsoft.ai/events/53495-are-black-sea-grain-exporters-turning-to-food-nationalism-2020-04-27-world-grain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Coordinated export curbs by major Black Sea suppliers tighten global wheat availability and raise import costs for buyers in the Middle East and North Africa.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-05-22 | [Black Sea countries tighten grain supply grip \| 2020-05-22  \| World Grain](https://feedsoft.ai/events/52978-black-sea-countries-tighten-grain-supply-grip-2020-05-22-world-grain.md) | +1.6% | -1.1% |
| WHEAT | 2019-02-14 | [VTB Tightens Grip On Black Sea Grain Export Hub](https://feedsoft.ai/events/60444-vtb-tightens-grip-on-black-sea-grain-export-hub.md) | -2.4% | -4.8% |
| WHEAT | 2022-10-14 | [India will not lift export ban on foodgrains anytime soon to ensure food security at home - Daijiworld.com](https://feedsoft.ai/events/39081-india-will-not-lift-export-ban-on-foodgrains-anytime-soon-to-ensure-food.md) | +3.7% | +4.3% |
| WHEAT | 2020-12-30 | [Commodities 2021: Bullish expectations for 2021 Black Sea wheat prices \| S&P Global](https://feedsoft.ai/events/49512-commodities-2021-bullish-expectations-for-2021-black-sea-wheat-prices-s-and-p.md) | +5.0% | +11.6% |
| WHEAT | 2022-06-27 | [Food export bans, from India to Argentina, risk fueling inflation](https://feedsoft.ai/events/14025-food-export-bans-from-india-to-argentina-risk-fueling-inflation.md) | +1.0% | -4.8% |
| KWHEAT | 2019-02-14 | [VTB Tightens Grip On Black Sea Grain Export Hub](https://feedsoft.ai/events/60444-vtb-tightens-grip-on-black-sea-grain-export-hub.md) | -7.8% | -13.0% |
| KWHEAT | 2022-05-16 | [Explainer: What India's u-turn on wheat exports means for world markets](https://feedsoft.ai/events/41430-explainer-what-india-s-u-turn-on-wheat-exports-means-for-world-markets.md) | 0.0% | -7.3% |
| KWHEAT | 2021-12-30 | [Black Sea wheat prices on uptrend in 2022, mixed outlook for Russian exports 30.12.2021 - UkrAgroConsult](https://feedsoft.ai/events/14525-black-sea-wheat-prices-on-uptrend-in-2022-mixed-outlook-for-russian-exports-30.md) | -4.5% | -3.8% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/13606-are-black-sea-grain-exporters-turning-to-food-nationalism

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