# Impacts of Red Sea shipping disruptions on global food security | IFPRI

> IFPRI analysts report that Red Sea attacks have largely halted Suez Canal traffic, with volumes down about 40%, and that Maersk suspended Red Sea shipments. Drought has also cut Panama Canal and Rhine and Mississippi river flows.

- Date: 2024-01-17 · published 2024-01-17T12:00:00.000Z
- Category: logistics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/14334-impacts-of-red-sea-shipping-disruptions-on-global-food-security-ifpri
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Higher shipping costs and longer routes for grain from Europe, Russia and Ukraine raise import prices in food-insecure regions and support global grain values.

## Read by commodity

- WHEAT: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-02-02 | [Weekly highlights - What the Red Sea shipping disruptions mean for grain prices - Graintab](https://feedsoft.ai/events/31561-weekly-highlights-what-the-red-sea-shipping-disruptions-mean-for-grain-prices.md) | -1.6% | -8.9% |
| WHEAT | 2024-01-25 | [Red Sea attacks disrupt grain shipping \| World Grain](https://feedsoft.ai/events/14333-red-sea-attacks-disrupt-grain-shipping-world-grain.md) | -0.4% | -5.2% |
| WHEAT | 2026-09-08 | [Black Sea shipping disruption pushes Turkish feed prices back to May levels \| Feed Planet Magazine](https://feedsoft.ai/events/17590-black-sea-shipping-disruption-pushes-turkish-feed-prices-back-to-may-levels.md) | -0.6% | -1.2% |
| WHEAT | 2026-10-16 | [Black Sea Disruptions: Why Large Crops Aren't Reaching Grain and Oilseed Buyers](https://feedsoft.ai/events/14080-black-sea-disruptions-why-large-crops-aren-t-reaching-grain-and-oilseed-buyers.md) | +1.0% | — |
| WHEAT | 2026-09-30 | [Black Sea disruption shifts grain trade focus from price to reliable delivery \| Miller Magazine](https://feedsoft.ai/events/17676-black-sea-disruption-shifts-grain-trade-focus-from-price-to-reliable-delivery.md) | -2.5% | +1.3% |

## Sources

- ifpri.org: https://www.ifpri.org/blog/impacts-red-sea-shipping-disruptions-global-food-security/

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