# Increasing Black Sea exports are influencing price

> An analysis of global grain export shares shows Russia and Ukraine have overtaken the US and EU in exports, with Black Sea suppliers winning Mediterranean and Middle East markets on lower prices. The EU, US, Canada and Australia have lost share. Harvest forecasts for 2019/20 point to ample supplies in the EU, Russia and Ukraine.

- Date: 2019-05-14 · published 2019-05-14T12:00:00.000Z
- Category: trade · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/58941-increasing-black-sea-exports-are-influencing-price
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Larger, cheaper Black Sea supplies and good expected harvests point to continued pressure on world wheat and corn export prices, which weighs on feed grain costs for buyers.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-07-16 | [Black Sea Exports – News – SSY](https://feedsoft.ai/events/14188-black-sea-exports-news-ssy.md) | +1.6% | -1.2% |
| WHEAT | 2021-02-02 | [Record wheat exports from Russia increases pressure on prices](https://feedsoft.ai/events/48490-record-wheat-exports-from-russia-increases-pressure-on-prices.md) | +0.3% | +11.6% |
| WHEAT | 2021-06-16 | [Black Sea Wheat Exports To Grow 5% In 2021/22 \| ESM Magazine](https://feedsoft.ai/events/46432-black-sea-wheat-exports-to-grow-5-in-2021-22-esm-magazine.md) | -8.0% | -12.7% |
| WHEAT | 2025-09-23 | [Russia’s wheat exports from Black Sea ports fall to 460kt](https://feedsoft.ai/events/14174-russia-s-wheat-exports-from-black-sea-ports-fall-to-460kt.md) | -0.2% | +1.8% |
| 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% |
| CORN | 2020-03-03 | [Black Sea region increased its share of the global grain market — S&P Global Platts](https://feedsoft.ai/events/53984-black-sea-region-increased-its-share-of-the-global-grain-market-s-and-p-global.md) | +1.3% | +0.6% |
| CORN | 2024-06-07 | [Rising SA barley prices, strong exports to China \| Stock Journal \| SA](https://feedsoft.ai/events/29849-rising-sa-barley-prices-strong-exports-to-china-stock-journal-sa.md) | +5.6% | -4.9% |
| CORN | 2023-07-20 | [Significance of Black Sea ports for Russian commodities exports \| Reuters](https://feedsoft.ai/events/14377-significance-of-black-sea-ports-for-russian-commodities-exports-reuters.md) | +9.4% | -7.2% |

## Sources

- zmp.de: https://www.zmp.de/en/futures/grains/news/market-report-increasing-black-sea-exports-are-influencing-price-formation-2019

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