# Ukraine boosts grain exports despite intensified Russian attacks

> Ukraine's grain exports in July 2024 more than doubled year on year to over 4.2 million metric tons, according to the UGA traders' union. Shipments continued despite Russian attacks on Odesa and Izmail. Volumes via Odesa rose sharply and Danube flows also increased.

- Date: 2024-08-12 · published 2024-08-12T12:00:00.000Z
- Category: trade · region Ukraine · magnitude medium
- Page: https://feedsoft.ai/events/14275-ukraine-boosts-grain-exports-despite-intensified-russian-attacks
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Stronger Ukrainian export flows add supply to world wheat and corn markets, which is bearish for prices. Continued shipping despite attacks limits the risk premium.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-08-19 | [Ukraine's July sea port grain exports intensified a third — Latifundist.com](https://feedsoft.ai/events/51465-ukraine-s-july-sea-port-grain-exports-intensified-a-third-latifundist-com.md) | +3.1% | +11.2% |
| WHEAT | 2023-04-26 | [Ukraine's grain export success placates market despite Russia's threats  \| Reuters](https://feedsoft.ai/events/14399-ukraine-s-grain-export-success-placates-market-despite-russia-s-threats-reuters.md) | -0.1% | -2.5% |
| WHEAT | 2024-12-13 | [Infographic: Russian grain exports surpass prewar levels, Ukraine picks up pace](https://feedsoft.ai/events/14245-infographic-russian-grain-exports-surpass-prewar-levels-ukraine-picks-up-pace.md) | -0.6% | -0.5% |
| WHEAT | 2020-09-17 | [Ukrainian seaports doubled grain exports in August](https://feedsoft.ai/events/50976-ukrainian-seaports-doubled-grain-exports-in-august.md) | -0.8% | +8.1% |
| WHEAT | 2018-10-18 | [Ukraine reduces the rate of grain exports, as Russia is stepping up](https://feedsoft.ai/events/62390-ukraine-reduces-the-rate-of-grain-exports-as-russia-is-stepping-up.md) | +0.3% | -3.9% |
| CORN | 2023-04-26 | [Ukraine's grain export success placates market despite Russia's threats  \| Reuters](https://feedsoft.ai/events/14399-ukraine-s-grain-export-success-placates-market-despite-russia-s-threats-reuters.md) | -2.1% | -5.4% |
| CORN | 2024-12-13 | [Infographic: Russian grain exports surpass prewar levels, Ukraine picks up pace](https://feedsoft.ai/events/14245-infographic-russian-grain-exports-surpass-prewar-levels-ukraine-picks-up-pace.md) | +1.3% | +7.2% |
| CORN | 2018-10-18 | [Ukraine reduces the rate of grain exports, as Russia is stepping up](https://feedsoft.ai/events/62390-ukraine-reduces-the-rate-of-grain-exports-as-russia-is-stepping-up.md) | -2.2% | -6.8% |

## Sources

- just-food.com: https://www.just-food.com/news/ukraine-grain-exports-up-despite-russian-attacks-on-ports/
- reuters.com: https://www.reuters.com/markets/commodities/ukraine-boosts-grain-exports-despite-intensified-russian-attacks-2024-08-12/

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