# Explainer: Why the EU is restricting grain imports from Ukraine

> The European Commission restricted imports of Ukrainian wheat, maize, rapeseed and sunflower seed in Poland, Hungary, Romania, Slovakia and Bulgaria until June 5. Poland, Hungary, Slovakia and Bulgaria lifted their unilateral import bans as a result, since Ukraine has rerouted exports through Eastern Europe after Russia blocked Black Sea ports.

- Date: 2023-05-09 · published 2023-05-09T12:00:00.000Z
- Category: trade · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/11372-explainer-why-the-eu-is-restricting-grain-imports-from-ukraine
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

Restricting Ukrainian grain and oilseed flows into the EU shifts trade routes and may keep more supply in the Black Sea and global markets, affecting wheat, corn and sunseed meal pricing. Traders should expect volatility in EU feed grain and oilseed availability.

## Read by commodity

- CORN: neutral
- WHEAT: neutral
- SUNMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-08-04 | [Grain export from Ukraine and Russia](https://feedsoft.ai/events/69296-grain-export-from-ukraine-and-russia.md) | -3.9% | -3.9% |
| WHEAT | 2023-03-15 | [Explainer: Can Ukraine's grain corridor ease the global food crisis?](https://feedsoft.ai/events/14407-explainer-can-ukraine-s-grain-corridor-ease-the-global-food-crisis.md) | -2.8% | -6.6% |
| WHEAT | 2019-07-02 | [bne IntelliNews - Ukraine takes “world’s large grain exporter” title from Russia](https://feedsoft.ai/events/57942-bne-intellinews-ukraine-takes-world-s-large-grain-exporter-title-from-russia.md) | -1.9% | -3.5% |
| WHEAT | 2021-12-07 | [Grain exports from Ukraine are 17% higher than last year's pace, while those from Russia are 19% behind](https://feedsoft.ai/events/14524-grain-exports-from-ukraine-are-17-higher-than-last-year-s-pace-while-those-from.md) | -6.1% | -2.9% |
| WHEAT | 2020-06-01 | [Ukraine seaport grain exports fall - Markets - Business Recorder](https://feedsoft.ai/events/52470-ukraine-seaport-grain-exports-fall-markets-business-recorder.md) | -1.2% | -1.0% |
| CORN | 2017-08-04 | [Grain export from Ukraine and Russia](https://feedsoft.ai/events/69296-grain-export-from-ukraine-and-russia.md) | -1.9% | -5.5% |
| CORN | 2023-03-15 | [Explainer: Can Ukraine's grain corridor ease the global food crisis?](https://feedsoft.ai/events/14407-explainer-can-ukraine-s-grain-corridor-ease-the-global-food-crisis.md) | -0.6% | +0.8% |
| CORN | 2021-12-07 | [Grain exports from Ukraine are 17% higher than last year's pace, while those from Russia are 19% behind](https://feedsoft.ai/events/14524-grain-exports-from-ukraine-are-17-higher-than-last-year-s-pace-while-those-from.md) | -0.5% | -0.0% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/why-eu-is-restricting-grain-imports-ukraine-2023-05-09/

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