exit266 Profile picture
Nov 19 8 tweets 6 min read
121 days left in the Black Sea Grain Initiative,
475 (+4) ships outbound carrying 11,244,963MT,
390 (+5) ships delivered carrying 8,242,668MT. 18Nov

🧵⬇️ #oatt #wheat #corn #barley #sunflowers #agriculture #maritime #maritimenews #graindeal #blackseagraininitiative
Four ships transited out of the humanitarian corridor on 18Nov and only one transited in.
Ships at Sea is holding relatively steady but only because so many have delivered. There is a growing number of outbound ships waiting for inspection again and as of late only three inspection teams have been operating on most days.
The largest load on 18Nov was the Nord Stark carrying 30,000MT of corn to Spain. #myprecious
Three inbound ship was inspected on 18Nov, one outbound ship was inspected, and no others were completed due to weather. The JCC reports 71 vessels are waiting to move into Ukrainian ports and 26 loaded vessels are waiting for inspection in Turkish territorial waters.
The Run Down

Food security is most effected by supply and demand and the Black Sea Grain Initiative has a world-wide impact. I highly recommend spending a few minutes of your time on this new report from the @WorldBank.
This Bloomberg (@business) article is a good primer on how the Black Sea Grain Initiative effects food security.
bloomberg.com/news/newslette…
In other news, even Erdogan is prompting Putin towards and diplomatic solution to the war saying that prolonging the war only increases the risks.
aa.com.tr/en/politics/tu…

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More from @exit266

Nov 20
119 days left in the Black Sea Grain Initiative,

483 (+3) ships outbound carrying 11,586,708MT,

398 (+4) ships delivered carrying 8,517,233MT.
20Nov

🧵⬇️ #oatt #wheat #corn #barley #sunflowers #agriculture #maritime #maritimenews #graindeal #blackseagraininitiative Image
Another day, another load of 66,000MT of corn headed to China.

And a new chart! ImageImageImageImage
Three ships transited out of the humanitarian corridor on 20Nov and four ships transited in. ImageImageImage
Read 10 tweets
Nov 19
120 days left in the Black Sea Grain Initiative,

480 (+5) ships outbound carrying 11,489,106MT,

394 (+4) ships delivered carrying 8,405,358MT.
19Nov

🧵⬇️ #oatt #wheat #corn #barley #sunflowers #agriculture #maritime #maritimenews #graindeal #blackseagraininitiative Image
Another day, another load of 62,843MT of sunflower meal headed to China. ImageImageImage
Five ships transited out of the humanitarian corridor on 19Nov and no ships transited in. ImageImageImage
Read 12 tweets
Nov 12
Russia says unblocking their exports of grain and fertilizers is key to renewing the Black Sea Grain Initiative while simultaneously implementing an export duty. I did a little homework for us both to understand why their words don’t match their actions.🧵⬇️
In 2021 Russia was the world's leading exporter of fertilizer at 15%.
(Source: worldstopexports.com/top-fertilizer…) Image
That fertilizer went to a lot of different countries but mainly Asia and Africa. (Yes I used a source that includes Belarusian fertilizer for obvious reasons.)
(Source: statista.com/statistics/128…) Image
Read 10 tweets
Nov 8
11 days left in the grain deal, 432 ships outbound carrying 10,110,425MT, 329 (+9) delivered carrying 6,798,625MT. 08Nov

Finally! A ship! I see a ship!!

🧵⬇️ #oatt #wheat #corn #barley #sunflowers #agriculture #maritime #maritimenews #graindeal #blackseagraininitiative Image
Another day, another ship full of sunflower oil headed to China. ImageImageImage
Nine ships delivered at various ports today. ImageImage
Read 7 tweets
Nov 8
This is a inaccurate take and I’m going to tell you why. This has far more to do with the suspension than an extension but both will have consequences in the coming days.🧵⬇️
#oatt #wheat #corn #barley #sunflowers #graindeal #blackseagraininitiative
1. That little dip in ships leaving Odesa area ports which lasted for three days was entirely because when RU suspended it’s involvement in the BSGI it meant no inbound ships could be inspected. Once all the previously inspected ships had sailed they needed to wait Russia.
2. There are currently 9 ships inbound to Odesa, 6 ships at anchor waiting to enter port, and 16 ships moored and being loaded, that’s the highest volume we have seen during the Black Sea Grain Initiative.
Read 6 tweets
Nov 7
12 days left in the grain deal, 431 ships outbound carrying 10,067,175MT, 320 (+9) delivered carrying 6,642,285MT. 07Nov
No ships leave Odesa for the third day.

🧵⬇️ #oatt #wheat #corn #barley #sunflowers #agriculture #maritime #maritimenews #graindeal #blackseagraininitiative Image
Spain continues to lead the way in exports from Ukraine. ImageImageImage
Only 25% of the ships who have left Odesa are still at sea, representing 33% of the MT of grains. ImageImage
Read 7 tweets

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