# IFC to disburse money for building a terminal at Yuzhny sea port

> The IFC will disburse funds for a 5 million tonne grain terminal at Yuzhny port, built in two stages near berth 25. The project costs $130 million and is expected to double the port's grain handling capacity to 6-8 million tonnes a year within two years.

- Date: 2017-01-23 · published 2017-01-23T12:00:00.000Z
- Category: logistics · region Ukraine · magnitude low
- Page: https://feedsoft.ai/events/72854-ifc-to-disburse-money-for-building-a-terminal-at-yuzhny-sea-port
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Added Black Sea port handling capacity over the medium term improves export logistics, a long-run bearish factor for grain freight and basis.

## Read by commodity

- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-04-06 | [IFC loan to support new grain terminal at Black Sea port \| World-grain.com \| April 06, 2017 13:39 \| World Grain](https://feedsoft.ai/events/71357-ifc-loan-to-support-new-grain-terminal-at-black-sea-port-world-grain-com-april.md) | +0.3% | +3.3% |
| WHEAT | 2021-03-09 | [Railways to blame for terminal shortages, WGEA says - AgCanada](https://feedsoft.ai/events/48136-railways-to-blame-for-terminal-shortages-wgea-says-agcanada.md) | -0.2% | -0.4% |
| WHEAT | 2016-12-21 | [G3 to proceed with port grain terminal at Vancouver - Manitoba Co-operator](https://feedsoft.ai/events/73438-g3-to-proceed-with-port-grain-terminal-at-vancouver-manitoba-co-operator.md) | -0.1% | +3.1% |
| WHEAT | 2018-06-04 | [Cargill launches a grain terminal in Ukraine - port.today](https://feedsoft.ai/events/64378-cargill-launches-a-grain-terminal-in-ukraine-port-today.md) | +0.2% | -1.4% |
| WHEAT | 2017-08-14 | [CMS Cameron McKenna Nabarro Olswang advises on a landmark financing of a new grain terminal construction project in Yuzhni port - U.S.-Ukraine Business Council](https://feedsoft.ai/events/69297-cms-cameron-mckenna-nabarro-olswang-advises-on-a-landmark-financing-of-a-new.md) | +0.4% | -0.1% |
| CORN | 2017-04-06 | [IFC loan to support new grain terminal at Black Sea port \| World-grain.com \| April 06, 2017 13:39 \| World Grain](https://feedsoft.ai/events/71357-ifc-loan-to-support-new-grain-terminal-at-black-sea-port-world-grain-com-april.md) | +0.6% | -0.3% |
| CORN | 2023-10-24 | [Momentum building for dry cargo - Splash247](https://feedsoft.ai/events/33810-momentum-building-for-dry-cargo-splash247.md) | -4.3% | -4.8% |
| CORN | 2018-06-04 | [Cargill launches a grain terminal in Ukraine - port.today](https://feedsoft.ai/events/64378-cargill-launches-a-grain-terminal-in-ukraine-port-today.md) | -2.0% | -7.4% |

## Sources

- unian.info: https://www.unian.info/economics/1738546-ifc-to-disburse-money-for-building-a-terminal-at-yuzhny-sea-port.html

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