# Grains And Oilseeds News In Brief

> Ukraine and Russia shipped a record 2.524 million tonnes of wheat to Asia in August, with Indonesia, Japan, South Korea and India as key buyers. Black Sea grain was priced $40-50 per tonne below competitors, and Syria dropped a deal for 1 million tonnes of Russian wheat over credit problems.

- Date: 2017-09-14 · published 2017-09-14T12:00:00.000Z
- Category: trade · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/68818-grains-and-oilseeds-news-in-brief
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Cheap Black Sea wheat is capturing Asian demand, which weighs on competing origins. The cancelled Syrian deal removes some near-term demand for Russian wheat.

## Read by commodity

- CORN: neutral
- WHEAT: bearish ▼
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-03-23 | [News In Brief](https://feedsoft.ai/events/72079-news-in-brief.md) | +2.4% | +1.5% |
| WHEAT | 2017-02-14 | [News In Brief](https://feedsoft.ai/events/72444-news-in-brief.md) | -0.8% | -1.2% |
| WHEAT | 2024-11-05 | [Ukraine's seaborne grain and oilseed exports in October rose y/y.](https://feedsoft.ai/events/14258-ukraine-s-seaborne-grain-and-oilseed-exports-in-october-rose-y-y.md) | -0.4% | -1.9% |
| WHEAT | 2018-06-26 | [Grain and oilseed prices fall amid trade uncertainty \| 2018-06-26  \| Food Business News](https://feedsoft.ai/events/8581-grain-and-oilseed-prices-fall-amid-trade-uncertainty-2018-06-26-food-business.md) | -4.9% | -0.0% |
| WHEAT | 2024-07-12 | [Grains and oilseeds: Canada to profit from EU import tariffs - Mundus Agri](https://feedsoft.ai/events/29211-grains-and-oilseeds-canada-to-profit-from-eu-import-tariffs-mundus-agri.md) | -3.9% | -2.9% |
| CORN | 2017-04-20 | [Grains And Oilseeds News In Brief](https://feedsoft.ai/events/71368-grains-and-oilseeds-news-in-brief.md) | +0.2% | +3.0% |
| CORN | 2017-03-23 | [News In Brief](https://feedsoft.ai/events/72079-news-in-brief.md) | +0.2% | -0.3% |
| CORN | 2021-12-17 | [Grains, oilseeds finish mixed Friday - Brownfield Ag News](https://feedsoft.ai/events/11533-grains-oilseeds-finish-mixed-friday-brownfield-ag-news.md) | -3.0% | +0.7% |

## Sources

- grainsprices.com: https://grainsprices.com/article/13174

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