# Ukraine and Turkey Announce New Black Sea Grain Corridor as Ceasefire Allows Civilian Evacuations - CNNBC

> Ukrainian President Zelenskyy and Turkish President Erdogan agreed to establish a new maritime route for agricultural exports. A local ceasefire mediated by the United States and the Vatican also allowed civilians to evacuate the Russian-occupied town of Oleshky in southern Ukraine.

- Date: 2026-11-01 · published 2026-11-01T23:43:44.350Z
- Category: trade · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/74274-ukraine-and-turkey-announce-new-black-sea-grain-corridor-as-ceasefire-allows
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

A new Ukrainian export corridor would add shipping capacity for grain and oilseeds, easing freight and supply tightness and pressuring wheat and corn prices. The size of the impact depends on whether the route is operational and how much volume it carries.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- OCEANFRT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-11-25 | [Grain trade: Competition EU and Black Sea countries](https://feedsoft.ai/events/55914-grain-trade-competition-eu-and-black-sea-countries.md) | +1.0% | -1.1% |
| WHEAT | 2024-10-31 | [Ukrainian Black Sea corridor ensured export of over 52 mln tons of agricultural products](https://feedsoft.ai/events/14264-ukrainian-black-sea-corridor-ensured-export-of-over-52-mln-tons-of-agricultural.md) | +0.0% | -1.9% |
| WHEAT | 2022-07-22 | [Ukraine war: Deal signed to allow grain exports to resume by sea - BBC News](https://feedsoft.ai/events/14474-ukraine-war-deal-signed-to-allow-grain-exports-to-resume-by-sea-bbc-news.md) | -10.2% | -1.7% |
| WHEAT | 2023-01-31 | [Ukraine’s wheat and corn exports recover under Black Sea Grain Initiative \| Economic Research Service](https://feedsoft.ai/events/14421-ukraine-s-wheat-and-corn-exports-recover-under-black-sea-grain-initiative.md) | +2.2% | -4.4% |
| WHEAT | 2024-04-01 | [Ukraine’s sea corridor exported more products in 7 months than during the whole year of the Grain Initiative](https://feedsoft.ai/events/14313-ukraine-s-sea-corridor-exported-more-products-in-7-months-than-during-the-whole.md) | -1.3% | +1.9% |
| CORN | 2024-10-31 | [Ukrainian Black Sea corridor ensured export of over 52 mln tons of agricultural products](https://feedsoft.ai/events/14264-ukrainian-black-sea-corridor-ensured-export-of-over-52-mln-tons-of-agricultural.md) | +2.2% | -1.3% |
| CORN | 2022-07-22 | [Ukraine war: Deal signed to allow grain exports to resume by sea - BBC News](https://feedsoft.ai/events/14474-ukraine-war-deal-signed-to-allow-grain-exports-to-resume-by-sea-bbc-news.md) | -2.2% | +1.9% |
| CORN | 2023-01-31 | [Ukraine’s wheat and corn exports recover under Black Sea Grain Initiative \| Economic Research Service](https://feedsoft.ai/events/14421-ukraine-s-wheat-and-corn-exports-recover-under-black-sea-grain-initiative.md) | +1.3% | -4.0% |

## Sources

- cnnbc.com: https://cnnbc.com/ukraine-and-turkey-announce-new-black-sea-grain-corridor-as-ceasefire-allows-civilian-evacuations

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