# Ukraine Grain Exports Reach Highest Levels Since the War Began

> Gro Intelligence data show Ukraine's December 2023 exports of 1.73 million tonnes of wheat and 3.45 million tonnes of corn, up 34% and 45% month on month. Shipments are still below prewar levels, and Asian trade faces Red Sea risks.

- Date: 2024-01-31 · published 2024-01-31T12:00:00.000Z
- Category: trade · region Ukraine · magnitude medium
- Page: https://feedsoft.ai/events/14329-ukraine-grain-exports-reach-highest-levels-since-the-war-began
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Rising Ukrainian supply weighs on corn and wheat prices, while Red Sea disruption to Asian-bound cargoes lifts shipping costs.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2018-01-19 | [Ukraine exports 22.4 mln tonnes of grain since July 1](https://feedsoft.ai/events/66836-ukraine-exports-22-4-mln-tonnes-of-grain-since-july-1.md) | +0.7% | +2.0% |
| CORN | 2020-07-09 | [UAC: Ukrainian grain exports are close to pre-war levels \| Ukrainian Agrarian Confederation](https://feedsoft.ai/events/51993-uac-ukrainian-grain-exports-are-close-to-pre-war-levels-ukrainian-agrarian.md) | -5.2% | -6.9% |
| CORN | 2022-07-22 | [Ukraine war: Deal signed to allow grain exports to resume by sea - BBC News](https://feedsoft.ai/events/14474-ukraine-war-deal-signed-to-allow-grain-exports-to-resume-by-sea-bbc-news.md) | -2.2% | +1.9% |
| CORN | 2017-02-23 | [Ukraine exports almost 29 mln tonnes of grain since July 2016](https://feedsoft.ai/events/72351-ukraine-exports-almost-29-mln-tonnes-of-grain-since-july-2016.md) | +1.1% | -2.2% |
| 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 | 2018-01-19 | [Ukraine exports 22.4 mln tonnes of grain since July 1](https://feedsoft.ai/events/66836-ukraine-exports-22-4-mln-tonnes-of-grain-since-july-1.md) | +2.8% | +6.0% |
| WHEAT | 2020-07-09 | [UAC: Ukrainian grain exports are close to pre-war levels \| Ukrainian Agrarian Confederation](https://feedsoft.ai/events/51993-uac-ukrainian-grain-exports-are-close-to-pre-war-levels-ukrainian-agrarian.md) | +0.7% | -0.2% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/ukraine-grain-exports-reach-highest-levels-since-the-war-began/

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