The Other Hormuz: Black Sea Blockade Threatens a Food Supply — agri and fertilizer trade

gCaptain, 22 Sep 2026: The Other Hormuz: Black Sea Blockade Threatens a Food Supply Shock. This note maps that event onto agricultural commodities & fertilizer supply. Confirm the volume and whether the shipment window still holds. Not a BGK offer.

What to check on the cargo

• Identify the plant, mine or buying market and confirm that its grade matches the cargo.
• Check volume, timing and inventories before calling a price or delivery impact.

Headlines with dated events or figures

• gCaptain, 22 Sep 2026: The Other Hormuz: Black Sea Blockade Threatens a Food Supply Shock (5,000) — Source

Market context — not the story

Screen	Last	Change	Source	As of
CME corn	532.50 ¢/bu ($5.33/bu)	+0.95%	CBOT via Yahoo Finance	23 Sep 2026
CME SRW wheat	709.00 ¢/bu ($7.09/bu)	-0.74%	CBOT via Yahoo Finance	23 Sep 2026
CME soybeans	1,320.75 ¢/bu ($13.21/bu)	+1.32%	CBOT via Yahoo Finance	23 Sep 2026

These are public exchange or listed-proxy screens, not BGK offer prices. Cite the source before using a number in a negotiation.

How to apply it to a cargo

• CME corn 532.50 ¢/bu ($5.33/bu) (+0.95%); SRW wheat 709.00 ¢/bu ($7.09/bu); soybeans 1,320.75 ¢/bu ($13.21/bu).
• Soybean meal $371.50/st (+4.77%) is a CBOT screen, not a CFR Vietnam or China landed number.
• CF Industries $120.59 and Mosaic $24.73 are nitrogen/phosphate equities, not prilled urea or DAP granule prints.

Map the screen to a real parcel through Agricultural Commodities & Fertilizer Supply and, where freight dominates the landed bill, vessel chartering or cargo logistics.