# Black Sea route to the breadbasket ‣ WorldCargo News

> A trade publication article notes that demand for grain and agribulk handling capacity is driving investment in bulk ports across the Black Sea region. The text provided is only a brief summary with no quantitative details.

- Date: 2019-05-01 · published 2019-05-01T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/58945-black-sea-route-to-the-breadbasket-worldcargo-news
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Port capacity investment supports the logistics chain for Black Sea grain exports, but its near-term price impact is limited.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-05-01 | [Grain trades drive Black Sea ports ‣ WorldCargo News](https://feedsoft.ai/events/70859-grain-trades-drive-black-sea-ports-worldcargo-news.md) | +2.3% | +1.5% |
| WHEAT | 2017-07-01 | [New terminal for Chornomorsk ‣ WorldCargo News](https://feedsoft.ai/events/69818-new-terminal-for-chornomorsk-worldcargo-news.md) | -0.1% | +1.9% |
| WHEAT | 2022-10-24 | [Freight rates in the Azov-Black Sea region are increasing \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/39033-freight-rates-in-the-azov-black-sea-region-are-increasing-ukrainian-and-world.md) | -0.6% | +1.5% |
| WHEAT | 2023-07-29 | [Freight rates in the Azov-Black Sea region are increasing \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/34952-freight-rates-in-the-azov-black-sea-region-are-increasing-ukrainian-and-world.md) | +0.2% | -2.2% |
| WHEAT | 2024-08-16 | [Ukraine exports nearly 65 mln tonnes of cargo via Black Sea route since Aug 2023 - ministry](https://feedsoft.ai/events/14281-ukraine-exports-nearly-65-mln-tonnes-of-cargo-via-black-sea-route-since-aug.md) | -7.0% | -2.4% |
| CORN | 2017-05-01 | [Grain trades drive Black Sea ports ‣ WorldCargo News](https://feedsoft.ai/events/70859-grain-trades-drive-black-sea-ports-worldcargo-news.md) | +1.1% | +4.2% |
| CORN | 2017-07-01 | [New terminal for Chornomorsk ‣ WorldCargo News](https://feedsoft.ai/events/69818-new-terminal-for-chornomorsk-worldcargo-news.md) | +5.2% | -0.0% |
| CORN | 2022-10-24 | [Freight rates in the Azov-Black Sea region are increasing \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/39033-freight-rates-in-the-azov-black-sea-region-are-increasing-ukrainian-and-world.md) | -1.1% | -1.4% |

## Sources

- worldcargonews.com: https://www.worldcargonews.com/ports-terminals/2019/05/black-sea-route-to-the-breadbasket/

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