# Black Sea region increased its share of the global grain market — S&P Global Platts

> S&P Global Platts analyst Karim El Afany said at the Middle East Grains & Oils Congress that the Black Sea has become the third-largest wheat producing region and the fifth-largest corn producer. Russia remains the top wheat exporter, though its exports are down 5% this season, while Ukraine has record production and exports.

- Date: 2020-03-03 · published 2020-03-03T12:00:00.000Z
- Category: trade · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/53984-black-sea-region-increased-its-share-of-the-global-grain-market-s-and-p-global
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A growing Black Sea share of world grain supply increases competition for export tenders, which weighs on wheat and corn prices. Russia's reduced Egyptian tender share shows how that competition is shifting trade flows.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-02-25 | [Drewry - Maritime Research Opinions - China’s shifting grain game is creating ripples across the global market](https://feedsoft.ai/events/26249-drewry-maritime-research-opinions-china-s-shifting-grain-game-is-creating.md) | -4.7% | -0.1% |
| WHEAT | 2024-03-11 | [Black Sea grain exports beating early market ideas by substantial degree](https://feedsoft.ai/events/14314-black-sea-grain-exports-beating-early-market-ideas-by-substantial-degree.md) | -7.3% | -3.6% |
| WHEAT | 2020-01-20 | [Ukraine: in the second week of January, the seaports slightly increased grain shipment volumes](https://feedsoft.ai/events/54922-ukraine-in-the-second-week-of-january-the-seaports-slightly-increased-grain.md) | -0.3% | -5.4% |
| WHEAT | 2025-03-06 | [What’s driving global wheat markets? Grain market daily \| AHDB](https://feedsoft.ai/events/12566-what-s-driving-global-wheat-markets-grain-market-daily-ahdb.md) | -0.0% | +2.9% |
| WHEAT | 2018-02-06 | [Last week export of grains from sea ports increased to 672k tons — Latifundist.com](https://feedsoft.ai/events/66361-last-week-export-of-grains-from-sea-ports-increased-to-672k-tons-latifundist-com.md) | +0.6% | +2.4% |
| CORN | 2025-02-25 | [Drewry - Maritime Research Opinions - China’s shifting grain game is creating ripples across the global market](https://feedsoft.ai/events/26249-drewry-maritime-research-opinions-china-s-shifting-grain-game-is-creating.md) | -5.8% | +0.2% |
| CORN | 2023-01-23 | [Feed barley price drops 5 cents in Europe, pressure on global grain market](https://feedsoft.ai/events/37845-feed-barley-price-drops-5-cents-in-europe-pressure-on-global-grain-market.md) | -0.4% | -0.6% |
| CORN | 2018-11-17 | [Global trade flows dominate local cash markets — This week in the grain markets - RealAgriculture](https://feedsoft.ai/events/11723-global-trade-flows-dominate-local-cash-markets-this-week-in-the-grain-markets.md) | -1.4% | +8.5% |

## Sources

- apk-inform.com: https://www.apk-inform.com/en/news/1508762

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