# Ukraine's farmers pin hopes on export corridor as war cost mounts | Reuters

> Ukrainian farmers are relying on the Black Sea export corridor as the war's costs mount. Officials say the corridor could handle 2 to 2.5 million tons of grain a month, which combined with land routes and Danube transhipment could bring exports back toward 5 to 6 million tons monthly.

- Date: 2023-11-23 · published 2023-11-23T12:00:00.000Z
- Category: logistics · region Ukraine · magnitude medium
- Page: https://feedsoft.ai/events/14344-ukraine-s-farmers-pin-hopes-on-export-corridor-as-war-cost-mounts-reuters
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A recovery toward pre-war export volumes would add meaningful supply to wheat and corn markets, pressuring prices lower. The scale of the corridor's capacity is the key variable for world feed grain balances.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-11-09 | [Ukraine: Alternative Black Sea export corridor is working despite attack \| Reuters](https://feedsoft.ai/events/14345-ukraine-alternative-black-sea-export-corridor-is-working-despite-attack-reuters.md) | -2.9% | +1.7% |
| WHEAT | 2024-06-03 | [Ukraine’s exports via maritime corridor already reach 50M tonnes](https://feedsoft.ai/events/14291-ukraine-s-exports-via-maritime-corridor-already-reach-50m-tonnes.md) | -5.6% | -12.3% |
| WHEAT | 2023-11-14 | [Ukraine says agreed with Britain discounts on insurance for Black Sea exports \| Reuters](https://feedsoft.ai/events/14349-ukraine-says-agreed-with-britain-discounts-on-insurance-for-black-sea-exports.md) | +2.7% | +0.3% |
| WHEAT | 2023-10-26 | [Ukraine says its Black Sea grain corridor is working \| Reuters](https://feedsoft.ai/events/14351-ukraine-says-its-black-sea-grain-corridor-is-working-reuters.md) | +2.2% | +1.7% |
| WHEAT | 2024-02-13 | [Ukraine on track to export all 2023 grain, says Britain \| Reuters](https://feedsoft.ai/events/14321-ukraine-on-track-to-export-all-2023-grain-says-britain-reuters.md) | -0.5% | -4.9% |
| CORN | 2023-11-09 | [Ukraine: Alternative Black Sea export corridor is working despite attack \| Reuters](https://feedsoft.ai/events/14345-ukraine-alternative-black-sea-export-corridor-is-working-despite-attack-reuters.md) | -1.5% | -1.0% |
| CORN | 2024-06-03 | [Ukraine’s exports via maritime corridor already reach 50M tonnes](https://feedsoft.ai/events/14291-ukraine-s-exports-via-maritime-corridor-already-reach-50m-tonnes.md) | -1.6% | -6.0% |
| CORN | 2023-10-26 | [Ukraine says its Black Sea grain corridor is working \| Reuters](https://feedsoft.ai/events/14351-ukraine-says-its-black-sea-grain-corridor-is-working-reuters.md) | -3.5% | -3.6% |

## Sources

- reuters.com: https://www.reuters.com/world/europe/ukraines-farmers-pin-hopes-export-corridor-war-cost-mounts-2023-11-23/

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