# News from Russia and Ukraine

> Russia's Ministry of Agriculture raised its grain export forecast to 35-37 million tonnes from 35 million. Ukrainian ports exported 694,700 tonnes of grain in mid-January, mostly corn.

- Date: 2017-01-24 · published 2017-01-24T12:00:00.000Z
- Category: trade · region Russia · magnitude medium
- Page: https://feedsoft.ai/events/72852-news-from-russia-and-ukraine
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A higher Russian export forecast signals more supply from the Black Sea, which weighs on world wheat and corn prices.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-04-19 | [News from Russia and Ukraine](https://feedsoft.ai/events/71356-news-from-russia-and-ukraine.md) | +1.2% | -0.1% |
| WHEAT | 2017-01-31 | [News from Russia](https://feedsoft.ai/events/72851-news-from-russia.md) | +3.8% | +2.5% |
| WHEAT | 2022-09-13 | [UN: Food exports from Ukraine are up, Russia fertilizer down \| AP News](https://feedsoft.ai/events/14454-un-food-exports-from-ukraine-are-up-russia-fertilizer-down-ap-news.md) | +4.3% | -8.0% |
| WHEAT | 2022-07-22 | ['A beacon of hope': Ukraine, Russia sign grain export deal \| AP News](https://feedsoft.ai/events/14469-a-beacon-of-hope-ukraine-russia-sign-grain-export-deal-ap-news.md) | -10.2% | -1.7% |
| WHEAT | 2022-07-21 | [Ukraine and Russia seal grain deal as U.S. pledges more military aid](https://feedsoft.ai/events/14471-ukraine-and-russia-seal-grain-deal-as-u-s-pledges-more-military-aid.md) | -11.0% | -1.2% |
| CORN | 2017-04-19 | [News from Russia and Ukraine](https://feedsoft.ai/events/71356-news-from-russia-and-ukraine.md) | +1.2% | +2.3% |
| CORN | 2017-01-31 | [News from Russia](https://feedsoft.ai/events/72851-news-from-russia.md) | -0.5% | +0.1% |
| CORN | 2022-09-13 | [UN: Food exports from Ukraine are up, Russia fertilizer down \| AP News](https://feedsoft.ai/events/14454-un-food-exports-from-ukraine-are-up-russia-fertilizer-down-ap-news.md) | -2.9% | -2.1% |

## Sources

- grainsprices.com: https://grainsprices.com/article/12073

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