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Demetra Holding, part of VTB Group, acquired a 50% stake in Taman Grain Terminal Holdings from Ukraine's Kernel. Glencore remains a 50% partner, and the Taman terminal is the only specialized deep-sea grain handling facility at the Russian Black Sea port.
The ownership change concentrates Black Sea grain export infrastructure under state-linked control, which could shape future export flows. It has little immediate effect on prices.
world-grain.comArvin DonleyMar 23, 2020After 823 past logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.5% to +1.2%), and -0.1% over 20.
After 1,054 past logistics events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.5% to +1.5%), and -0.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
