# Ukraine could lose $6 bln in grain exports with ports blocked | Reuters

> Russian warships off Ukraine's southern coast are preventing cargo ships from leaving Black Sea ports, including Odesa. Grain exports have nearly stopped since the war began on February 24. Ukraine could lose about $6 billion in grain export revenue.

- Date: 2022-03-21 · published 2022-03-21T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude high
- Page: https://feedsoft.ai/events/14500-ukraine-could-lose-6-bln-in-grain-exports-with-ports-blocked-reuters
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Ukraine is a major corn and wheat exporter, and a near-total halt removes large volumes from world supply. Buyers should expect firmer corn and wheat prices and higher feed costs.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 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) | +2.1% | -0.0% |
| CORN | 2026-06-15 | [Focus: Russian attacks could cut Ukraine grain exports by a third \| Reuters](https://feedsoft.ai/events/14105-focus-russian-attacks-could-cut-ukraine-grain-exports-by-a-third-reuters.md) | -0.8% | -0.1% |
| CORN | 2026-02-19 | [Ukraine's grain, iron ore exports hit by Russian strikes on ports this winter \| Reuters](https://feedsoft.ai/events/14135-ukraine-s-grain-iron-ore-exports-hit-by-russian-strikes-on-ports-this-winter.md) | +0.6% | +7.4% |
| CORN | 2023-06-01 | [Ukraine says Russia again blocking Black Sea grain export deal \| Reuters](https://feedsoft.ai/events/14384-ukraine-says-russia-again-blocking-black-sea-grain-export-deal-reuters.md) | -2.2% | -3.2% |
| 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% |
| 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% |
| WHEAT | 2026-06-15 | [Focus: Russian attacks could cut Ukraine grain exports by a third \| Reuters](https://feedsoft.ai/events/14105-focus-russian-attacks-could-cut-ukraine-grain-exports-by-a-third-reuters.md) | +3.6% | +2.3% |
| WHEAT | 2026-02-19 | [Ukraine's grain, iron ore exports hit by Russian strikes on ports this winter \| Reuters](https://feedsoft.ai/events/14135-ukraine-s-grain-iron-ore-exports-hit-by-russian-strikes-on-ports-this-winter.md) | +1.8% | +3.6% |

## Sources

- reuters.com: https://www.reuters.com/business/ukraine-could-lose-6-bln-grain-exports-with-ports-blocked-2022-03-21/

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