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

> Sierentz Global Merchants plans to begin grain trading in May with a focus on the Black Sea region. The Black Sea exporters compete with the EU, US and Australia for customers in the Middle East, Africa and Asia.

- Date: 2018-03-02 · published 2018-03-02T12:00:00.000Z
- Category: trade · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/65858-exclusive-sierentz-global-merchants-to-start-grain-trade-in-may-with-black-sea
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A new trading house entering Black Sea grain adds marketing capacity and competition, which can modestly tighten spreads for exporters. The impact on feed grain prices is limited at this stage.

## Read by commodity

- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-02-13 | [Black Sea Watch: Ukrainian grain flows see strong start to February \| S&P Global](https://feedsoft.ai/events/14413-black-sea-watch-ukrainian-grain-flows-see-strong-start-to-february-s-and-p.md) | -3.2% | -9.2% |
| WHEAT | 2023-03-01 | [Wheat recovers from 2021 lows; Black Sea grain in focus - Markets - Business Recorder](https://feedsoft.ai/events/36896-wheat-recovers-from-2021-lows-black-sea-grain-in-focus-markets-business-recorder.md) | -1.6% | +5.1% |
| WHEAT | 2025-03-26 | [Black Sea deal unlikely to boost Russian food exports in short-term](https://feedsoft.ai/events/14223-black-sea-deal-unlikely-to-boost-russian-food-exports-in-short-term.md) | -1.6% | +1.6% |
| WHEAT | 2018-11-17 | [Global trade flows dominate local cash markets — This week in the grain markets - RealAgriculture](https://feedsoft.ai/events/11723-global-trade-flows-dominate-local-cash-markets-this-week-in-the-grain-markets.md) | -0.1% | +4.8% |
| WHEAT | 2026-06-01 | [Explainer: What do China's new US farm purchases mean for global trade?](https://feedsoft.ai/events/14575-explainer-what-do-china-s-new-us-farm-purchases-mean-for-global-trade.md) | -2.6% | -1.5% |
| CORN | 2018-07-10 | [Global trade war to be a boon for Black Sea grain](https://feedsoft.ai/events/63884-global-trade-war-to-be-a-boon-for-black-sea-grain.md) | -1.8% | +7.9% |
| CORN | 2023-02-13 | [Black Sea Watch: Ukrainian grain flows see strong start to February \| S&P Global](https://feedsoft.ai/events/14413-black-sea-watch-ukrainian-grain-flows-see-strong-start-to-february-s-and-p.md) | -1.3% | -6.3% |
| CORN | 2023-03-01 | [Wheat recovers from 2021 lows; Black Sea grain in focus - Markets - Business Recorder](https://feedsoft.ai/events/36896-wheat-recovers-from-2021-lows-black-sea-grain-in-focus-markets-business-recorder.md) | +2.0% | +1.4% |

## Sources

- reuters.com: https://www.reuters.com/article/markets/currencies/exclusive-sierentz-global-merchants-to-start-grain-trade-in-may-with-black-sea-idUSKCN1GE26R/

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