# Ukraine’s humanitarian corridor vindicated as 2023-24 exports rise 3% - Fastmarkets

> Fastmarkets analysis of Ukrainian customs data shows grain exports reached 50.38 million tonnes by June 30, 2024, up 3% year on year. Exports were 17% behind in the first quarter of the 2023-24 marketing year after the Black Sea grain deal came under strain, then recovered.

- Date: 2024-07-03 · published 2024-07-03T12:00:00.000Z
- Category: trade · region Ukraine · magnitude low
- Page: https://feedsoft.ai/events/14282-ukraine-s-humanitarian-corridor-vindicated-as-2023-24-exports-rise-3-fastmarkets
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Steady Ukrainian export flows add supply to global wheat and corn markets, which tends to cap prices. The recovery despite the war shows alternative corridors are working.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-01-22 | [Ukraine grain exports rise \| 2019-01-22  \| World Grain](https://feedsoft.ai/events/60946-ukraine-grain-exports-rise-2019-01-22-world-grain.md) | -0.0% | -2.1% |
| WHEAT | 2024-07-09 | [Russia posts record wheat exports for 2023-24, plus structural changes for importers and exporters - Fastmarkets](https://feedsoft.ai/events/14286-russia-posts-record-wheat-exports-for-2023-24-plus-structural-changes-for.md) | -4.0% | -2.8% |
| WHEAT | 2026-01-07 | [Ukraine's Grain Exports 2025/26: Trends and Insights](https://feedsoft.ai/events/14150-ukraine-s-grain-exports-2025-26-trends-and-insights.md) | -0.2% | +2.2% |
| WHEAT | 2019-05-24 | [Russian grain exports forecast to rise \| 2019-05-24  \| World Grain](https://feedsoft.ai/events/58944-russian-grain-exports-forecast-to-rise-2019-05-24-world-grain.md) | -12.2% | -6.1% |
| WHEAT | 2024-04-01 | [Ukraine’s sea corridor exported more products in 7 months than during the whole year of the Grain Initiative](https://feedsoft.ai/events/14313-ukraine-s-sea-corridor-exported-more-products-in-7-months-than-during-the-whole.md) | -1.3% | +1.9% |
| CORN | 2019-01-22 | [Ukraine grain exports rise \| 2019-01-22  \| World Grain](https://feedsoft.ai/events/60946-ukraine-grain-exports-rise-2019-01-22-world-grain.md) | +0.7% | +0.5% |
| CORN | 2022-12-14 | [Ukraine corn crop plunge balanced by huge stocks, aiding exports for now](https://feedsoft.ai/events/14428-ukraine-corn-crop-plunge-balanced-by-huge-stocks-aiding-exports-for-now.md) | +0.8% | +2.1% |
| CORN | 2019-01-03 | [Strong end to year as Ukraine corn, wheat exports jump -](https://feedsoft.ai/events/60947-strong-end-to-year-as-ukraine-corn-wheat-exports-jump.md) | +1.6% | +2.3% |

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/ukraines-humanitarian-corridor-vindicated-as-2023-24-exports-rise/

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