# Ukraine: Alternative Black Sea export corridor is working despite attack | Reuters

> Ukraine launched a humanitarian corridor in August for ships bound to African and Asian markets, aiming to get around a de facto Russian blockade of its seaborne exports. Kyiv says the corridor is working despite Russian attacks.

- Date: 2023-11-09 · published 2023-11-09T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/14345-ukraine-alternative-black-sea-export-corridor-is-working-despite-attack-reuters
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

A functioning corridor restores Ukrainian grain flows that were blocked, which weighs on wheat and corn prices. Continued attacks keep war-risk premiums and freight costs elevated.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2023-11-17 | [Ukraine says 151 ships have used Black Sea corridor \| Reuters](https://feedsoft.ai/events/14346-ukraine-says-151-ships-have-used-black-sea-corridor-reuters.md) | +3.7% | +1.7% |
| WHEAT | 2023-10-24 | [Ukraine Exports 700,000 T Grain Via New Black Sea Corridor - Minister](https://feedsoft.ai/events/14353-ukraine-exports-700-000-t-grain-via-new-black-sea-corridor-minister.md) | +1.8% | +0.8% |
| WHEAT | 2023-11-23 | [Ukraine's farmers pin hopes on export corridor as war cost mounts \| Reuters](https://feedsoft.ai/events/14344-ukraine-s-farmers-pin-hopes-on-export-corridor-as-war-cost-mounts-reuters.md) | -0.0% | -1.1% |
| WHEAT | 2023-12-30 | [Ukraine Exports Through Black Sea Shipping Corridor Reach 13 Million Tons - Bloomberg](https://feedsoft.ai/events/14335-ukraine-exports-through-black-sea-shipping-corridor-reach-13-million-tons.md) | +2.6% | +0.3% |
| 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% |
| CORN | 2023-11-17 | [Ukraine says 151 ships have used Black Sea corridor \| Reuters](https://feedsoft.ai/events/14346-ukraine-says-151-ships-have-used-black-sea-corridor-reuters.md) | -1.2% | +0.7% |
| CORN | 2023-10-24 | [Ukraine Exports 700,000 T Grain Via New Black Sea Corridor - Minister](https://feedsoft.ai/events/14353-ukraine-exports-700-000-t-grain-via-new-black-sea-corridor-minister.md) | -4.3% | -4.8% |

## Sources

- reuters.com: https://www.reuters.com/world/europe/ukraine-alternative-black-sea-export-corridor-is-working-despite-attack-2023-11-09/

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