Geopolitics dominate Black Sea Grain Conference

After 493 past geopolitics events, Wheat (SRW) moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +3.6%), and +1.0% over 20.

• Jul 27, 2026Black Sea grain trapped as Russia, Ukraine attacks continue | World Grain-2.0%
• Nov 22, 2022Black Sea grain corridor lives on-1.2%
• Aug 1, 2023Update from the Office of the UN Coordinator for the Black Sea Grain Initiative+0.4%
• Jul 11, 2019Ukraine’s meteoric rise in grain | 2019-07-11 | World Grain+0.4%
• Mar 24, 2022Uncertainty dominates global, US wheat markets | World Grain+1.8%

After 464 past geopolitics events, Corn moved a median +0.3% over 5 sessions (54% higher; middle half -1.6% to +2.5%), and +0.5% over 20.

• Nov 22, 2022Black Sea grain corridor lives on-1.5%
• Aug 1, 2023Update from the Office of the UN Coordinator for the Black Sea Grain Initiative-2.3%
• Jul 11, 2019Ukraine’s meteoric rise in grain | 2019-07-11 | World Grain+0.2%
• Jul 22, 2022Black Sea Grain Initiative signed-2.2%
• Sep 16, 2022The Black Sea Grain Initiative: What it is, and why it’s important for the world | UN News+1.0%