# Glencore seeking more capacity at Russian port | World-grain.com | July 23, 2018 19:11 | World Grain

> Glencore is trying to buy rights to more grain export capacity at Russia's Port of Taman from Kernel Holding, which could nearly double Glencore's capacity there. Glencore was Russia's second-largest grain exporter in 2017-18. The report notes Black Sea share of world wheat trade rose 37 percent in 2017-18.

- Date: 2018-07-24 · published 2018-07-24T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/63887-glencore-seeking-more-capacity-at-russian-port-world-grain-com-july-23-2018-19
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Expanded private export capacity at Taman eases Russian port bottlenecks over time, which could add wheat supply to world markets and modestly pressure prices.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-11-28 | [Extra port capacity to boost Russia's grain exports \| Agrifish  \| POST Online Media](https://feedsoft.ai/events/67830-extra-port-capacity-to-boost-russia-s-grain-exports-agrifish-post-online-media.md) | +3.7% | +0.7% |
| WHEAT | 2023-09-20 | [Romanian port operators racing to boost grain operating capacity \| Reuters](https://feedsoft.ai/events/14365-romanian-port-operators-racing-to-boost-grain-operating-capacity-reuters.md) | -1.4% | -1.9% |
| WHEAT | 2018-02-07 | [Grain throughput at Russian ports in 2017 roars after record harvest \| Miller Magazine](https://feedsoft.ai/events/66360-grain-throughput-at-russian-ports-in-2017-roars-after-record-harvest-miller.md) | +0.3% | +2.2% |
| WHEAT | 2017-09-29 | [Hurricane Harvey impacts U.S. grain deliveries via rail \| World-grain.com \| September 29, 2017 19:29 \| World Grain](https://feedsoft.ai/events/68947-hurricane-harvey-impacts-u-s-grain-deliveries-via-rail-world-grain-com.md) | +5.6% | +10.7% |
| WHEAT | 2023-11-27 | [Ukraine is shipping more grain through Black Sea despite Russia threat \| AP News](https://feedsoft.ai/events/14343-ukraine-is-shipping-more-grain-through-black-sea-despite-russia-threat-ap-news.md) | +0.4% | -0.8% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/10717-glencore-seeking-more-capacity-at-russian-port

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