Exclusive: Sierentz Global Merchants to start grain trade in May with Black Sea focus

After 206 past neutral trade events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.6%), and +0.5% over 20.

• Feb 13, 2023Black Sea Watch: Ukrainian grain flows see strong start to February | S&P Global-3.2%
• Mar 1, 2023Wheat recovers from 2021 lows; Black Sea grain in focus - Markets - Business Recorder-1.6%
• Mar 26, 2025Black Sea deal unlikely to boost Russian food exports in short-term-1.6%
• Nov 17, 2018Global trade flows dominate local cash markets — This week in the grain markets - RealAgriculture-0.1%
• Jun 1, 2026Explainer: What do China's new US farm purchases mean for global trade?-2.6%

After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.

• Jul 10, 2018Global trade war to be a boon for Black Sea grain-1.8%
• Feb 13, 2023Black Sea Watch: Ukrainian grain flows see strong start to February | S&P Global-1.3%
• Mar 1, 2023Wheat recovers from 2021 lows; Black Sea grain in focus - Markets - Business Recorder+2.0%
• Nov 15, 2024Contraction in Global Grain Trade Remains Headwind for Non-Capesize Segments — Breakwave Advisors+0.8%
• Feb 5, 2025US grain, oilseed exports surge in 2024 without boost from China | Reuters+0.4%