# Ukraine's Black Sea grain export success tested by Red Sea crisis | Reuters

> Ukraine shipped about 4.8 million metric tons of foodstuffs, mostly grain, from its Black Sea ports in December 2023, surpassing volumes under the former UN-brokered corridor. The shipments came as Houthi attacks in the Red Sea tested alternative routes.

- Date: 2024-01-25 · published 2024-01-25T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/14327-ukraine-s-black-sea-grain-export-success-tested-by-red-sea-crisis-reuters
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Strong Ukrainian export flows add supply to world grain markets, while longer routes around the Red Sea raise freight costs that feed into delivered grain prices.

## Read by commodity

- CORN: neutral
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-07-21 | [EXCLUSIVE: Romanian port can ship more Ukraine grain after collapse of Black Sea deal \| Reuters](https://feedsoft.ai/events/14375-exclusive-romanian-port-can-ship-more-ukraine-grain-after-collapse-of-black-sea.md) | +9.5% | -5.9% |
| CORN | 2026-01-21 | [Ukraine refutes reports of shipowners steering clear of its Black Sea ports](https://feedsoft.ai/events/14148-ukraine-refutes-reports-of-shipowners-steering-clear-of-its-black-sea-ports.md) | +0.8% | +0.6% |
| CORN | 2022-11-10 | [Explainer: Can Ukraine's grain deal ease the global food crisis?](https://feedsoft.ai/events/14439-explainer-can-ukraine-s-grain-deal-ease-the-global-food-crisis.md) | +1.8% | -5.0% |
| CORN | 2026-03-30 | [Over 2 mln tons of Ukrainian grain exported by sea in March - AgriInsite](https://feedsoft.ai/events/14131-over-2-mln-tons-of-ukrainian-grain-exported-by-sea-in-march-agriinsite.md) | -1.3% | -0.2% |
| CORN | 2021-09-09 | [U.S. Gulf Coast grain exports slowly resume after Ida as more power restored \| Reuters](https://feedsoft.ai/events/44973-u-s-gulf-coast-grain-exports-slowly-resume-after-ida-as-more-power-restored.md) | +1.3% | -2.3% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/ukraines-black-sea-grain-export-success-tested-by-red-sea-crisis-2024-01-24/

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