# Satellite images reveal damage to Ukraine grain ports

> Satellite imagery shows Russian strikes have badly damaged grain silos at Reni port on the Danube. Russia has also repeatedly hit Izmail port and the Zatoka bridge, a key road link for grain trucks. Ukraine now relies heavily on Danube ports after Russia blockaded its Black Sea ports.

- Date: 2023-07-28 · published 2023-07-28T12:00:00.000Z
- Category: geopolitics · region Ukraine · magnitude high
- Page: https://feedsoft.ai/events/14381-satellite-images-reveal-damage-to-ukraine-grain-ports
- 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

Losing Danube capacity removes Ukraine's main remaining export outlet, which cuts grain supply to world markets and raises freight and storage costs, supporting wheat and corn prices.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-10-30 | [U.N., Turkey Race to Save Ukraine Grain Deal](https://feedsoft.ai/events/14450-u-n-turkey-race-to-save-ukraine-grain-deal.md) | -5.6% | +2.4% |
| WHEAT | 2023-08-03 | [Ukraine struggles to export its grain — as Russia repeatedly strikes its ports : NPR](https://feedsoft.ai/events/14374-ukraine-struggles-to-export-its-grain-as-russia-repeatedly-strikes-its-ports-npr.md) | +0.5% | -6.9% |
| WHEAT | 2023-06-02 | [Ukraine has 'plan B' to continue exports if grain deal collapses, minister says \| Reuters](https://feedsoft.ai/events/14385-ukraine-has-plan-b-to-continue-exports-if-grain-deal-collapses-minister-says.md) | -3.8% | +7.5% |
| WHEAT | 2022-02-24 | [Ukraine shuts ports as conflict threatens grain supplies \| Reuters](https://feedsoft.ai/events/14507-ukraine-shuts-ports-as-conflict-threatens-grain-supplies-reuters.md) | +6.8% | +25.3% |
| WHEAT | 2022-04-15 | [Ukraine says grain on ships in blocked Black Sea ports may deteriorate \| Reuters](https://feedsoft.ai/events/14494-ukraine-says-grain-on-ships-in-blocked-black-sea-ports-may-deteriorate-reuters.md) | -0.7% | +7.2% |
| CORN | 2022-10-30 | [U.N., Turkey Race to Save Ukraine Grain Deal](https://feedsoft.ai/events/14450-u-n-turkey-race-to-save-ukraine-grain-deal.md) | -2.2% | -3.8% |
| CORN | 2023-08-03 | [Ukraine struggles to export its grain — as Russia repeatedly strikes its ports : NPR](https://feedsoft.ai/events/14374-ukraine-struggles-to-export-its-grain-as-russia-repeatedly-strikes-its-ports-npr.md) | -0.6% | -3.9% |
| CORN | 2023-06-02 | [Ukraine has 'plan B' to continue exports if grain deal collapses, minister says \| Reuters](https://feedsoft.ai/events/14385-ukraine-has-plan-b-to-continue-exports-if-grain-deal-collapses-minister-says.md) | -1.5% | -3.9% |

## Sources

- bbc.com: https://www.bbc.com/news/world-europe-66328810

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