# Wheat prices jump as Russia targets Ukrainian grain supplies

> Chicago wheat futures rose as much as 1% to $5.89 a bushel after Russian attacks on Odesa port infrastructure. Prices were up nearly 3% from Monday's close. The WFP warned that sustained attacks and blocked sea routes could damage Ukraine's agricultural output.

- Date: 2023-11-22 · published 2023-11-22T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/12252-wheat-prices-jump-as-russia-targets-ukrainian-grain-supplies
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Threats to Ukrainian port logistics tighten expected export availability, supporting wheat prices and raising feed grain costs for buyers.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-07-16 | [Russia and Ukraine strike vessels in Black Sea, wheat prices jump](https://feedsoft.ai/events/7279-russia-and-ukraine-strike-vessels-in-black-sea-wheat-prices-jump.md) | +3.9% | +0.1% |
| WHEAT | 2022-06-09 | [Wheat futures surge after Russia strikes Ukrainian grain terminal - Fastmarkets](https://feedsoft.ai/events/40980-wheat-futures-surge-after-russia-strikes-ukrainian-grain-terminal-fastmarkets.md) | +1.2% | -8.1% |
| WHEAT | 2023-07-20 | [Wheat prices soar as Russia-Ukraine tensions stoke food crisis fears](https://feedsoft.ai/events/35082-wheat-prices-soar-as-russia-ukraine-tensions-stoke-food-crisis-fears.md) | -0.7% | -1.3% |
| WHEAT | 2022-09-07 | [Wheat Prices Surge as Putin Assails Ukraine Grain Deal - Bloomberg](https://feedsoft.ai/events/39649-wheat-prices-surge-as-putin-assails-ukraine-grain-deal-bloomberg.md) | +0.2% | +6.6% |
| WHEAT | 2022-01-31 | [Russia-Ukraine Tensions Drive Global Wheat Prices Higher](https://feedsoft.ai/events/43173-russia-ukraine-tensions-drive-global-wheat-prices-higher.md) | -1.7% | +0.5% |

## Sources

- telegraph.co.uk: https://www.telegraph.co.uk/business/2023/11/22/wheat-prices-jump-russia-targets-ukrainian-grain-supplies/

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