# Regional war, global consequences: Mounting damages to Ukraine’s agriculture and growing challenges for global food security | IFPRI

> An IFPRI analysis estimates Ukraine's infrastructure damage at about 127 billion dollars as of September 2022, and reports mounting losses to Ukrainian agricultural output. It says many farmers face bankruptcy and that war-related production shortfalls keep world agricultural prices volatile.

- Date: 2023-03-27 · published 2023-03-27T12:00:00.000Z
- Category: geopolitics · region Ukraine · magnitude medium
- Page: https://feedsoft.ai/events/14411-regional-war-global-consequences-mounting-damages-to-ukraine-s-agriculture-and
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower Ukrainian output and export capacity tighten global wheat and corn supply, supporting prices and volatility for feed buyers.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-04-06 | [The Ukraine Conflict and Other Factors Contributing to High Commodity Prices and Food Insecurity \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/4033-the-ukraine-conflict-and-other-factors-contributing-to-high-commodity-prices.md) | -1.9% | -6.1% |
| CORN | 2022-04-06 | [A fertilizer shortage, worsened by war in Ukraine, is driving up global food prices and scarcity](https://feedsoft.ai/events/42132-a-fertilizer-shortage-worsened-by-war-in-ukraine-is-driving-up-global-food.md) | -1.9% | -6.1% |
| CORN | 2022-11-04 | [Russia’s UN Grain Deal Boomerang: Implications for the Deal and Global Food Prices](https://feedsoft.ai/events/7291-russia-s-un-grain-deal-boomerang-implications-for-the-deal-and-global-food.md) | -0.9% | -4.5% |
| CORN | 2023-07-17 | [Russia-Ukraine grain deal: What does it mean for global food prices](https://feedsoft.ai/events/35104-russia-ukraine-grain-deal-what-does-it-mean-for-global-food-prices.md) | -8.6% | -12.6% |
| CORN | 2022-03-11 | [Overcoming the threats to global food systems from Russia's invasion of Ukraine \| IFPRI](https://feedsoft.ai/events/11340-overcoming-the-threats-to-global-food-systems-from-russia-s-invasion-of-ukraine.md) | +2.7% | +9.8% |
| WHEAT | 2022-04-06 | [The Ukraine Conflict and Other Factors Contributing to High Commodity Prices and Food Insecurity \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/4033-the-ukraine-conflict-and-other-factors-contributing-to-high-commodity-prices.md) | -2.3% | +3.8% |
| WHEAT | 2022-04-06 | [A fertilizer shortage, worsened by war in Ukraine, is driving up global food prices and scarcity](https://feedsoft.ai/events/42132-a-fertilizer-shortage-worsened-by-war-in-ukraine-is-driving-up-global-food.md) | -2.3% | +3.8% |
| WHEAT | 2022-11-04 | [Russia’s UN Grain Deal Boomerang: Implications for the Deal and Global Food Prices](https://feedsoft.ai/events/7291-russia-s-un-grain-deal-boomerang-implications-for-the-deal-and-global-food.md) | +7.3% | +8.1% |

## Sources

- ifpri.org: https://www.ifpri.org/blog/regional-war-global-consequences-mounting-damages-ukraines-agriculture-and-growing-challenges/

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