# Black Sea origins set for fast start to export season: USDA - Grain Central

> Black Sea wheat fob bids fell in June, with Black Sea milling wheat dropping from $211 to $197 per tonne, the largest decline among origins. USDA says Black Sea supplies are competitively priced and likely to support a fast start to the export season.

- Date: 2019-07-15 · published 2019-07-15T12:00:00.000Z
- Category: report · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/58141-black-sea-origins-set-for-fast-start-to-export-season-usda-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower-priced Black Sea wheat increases competition in export markets and tends to cap prices from other origins during the early marketing year.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-04-13 | [USDA decided to revise its Black Sea grain export estimates](https://feedsoft.ai/events/47478-usda-decided-to-revise-its-black-sea-grain-export-estimates.md) | +4.1% | +7.2% |
| WHEAT | 2018-04-13 | [Current season wheat stock rises, coarse grains stocks fall: USDA - Grain Central](https://feedsoft.ai/events/65484-current-season-wheat-stock-rises-coarse-grains-stocks-fall-usda-grain-central.md) | +3.3% | +2.7% |
| WHEAT | 2021-12-13 | [USDA experts raised their forecast for Black Sea grain crop and exports 13.12.2021 - UkrAgroConsult](https://feedsoft.ai/events/14520-usda-experts-raised-their-forecast-for-black-sea-grain-crop-and-exports-13-12.md) | -6.0% | +1.3% |
| WHEAT | 2023-05-09 | [EU on track for new-crop production boost - Grain Central](https://feedsoft.ai/events/35920-eu-on-track-for-new-crop-production-boost-grain-central.md) | -0.5% | -7.7% |
| WHEAT | 2019-05-12 | [Global wheat production set to hit record 777Mt: USDA - Grain Central](https://feedsoft.ai/events/59058-global-wheat-production-set-to-hit-record-777mt-usda-grain-central.md) | -0.4% | +4.7% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/black-sea-origins-set-for-fast-start-to-export-season-usda/

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