# Grain Ships Avoid Suez Canal Due to Red Sea Attacks | Waradana

> Shipping analysts report that 16 more grain vessels diverted around the Cape of Good Hope, raising diverted grain volumes to about 3.9 million tons from 3 million tons the prior week. Houthi drone and missile attacks on ships in the Red Sea prompt caution, and bookings for new shipments are harder to secure. Grain flows through Suez are expected to fall sharply in January.

- Date: 2024-10-08 · published 2024-10-08T12:00:00.000Z
- Category: logistics · region Red Sea · magnitude medium
- Page: https://feedsoft.ai/events/16996-grain-ships-avoid-suez-canal-due-to-red-sea-attacks-waradana
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Longer routings and tighter vessel availability raise ocean freight and delivered grain costs for importers, supporting prices for grain and feed ingredients sourced from the US and Black Sea.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-08-04 | [Russia’s grain exports fell 38% in July due to port attacks](https://feedsoft.ai/events/12809-russia-s-grain-exports-fell-38-in-july-due-to-port-attacks.md) | -0.5% | +10.1% |
| CORN | 2026-01-21 | [IMC reduced corn exports due to attacks on ports \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/14149-imc-reduced-corn-exports-due-to-attacks-on-ports-ukrainian-and-world-shipping.md) | +0.8% | +0.6% |
| CORN | 2025-08-19 | [Ships Queue at Russian Grain Port](https://feedsoft.ai/events/14183-ships-queue-at-russian-grain-port.md) | +1.2% | +8.5% |
| CORN | 2023-05-22 | [UN concerned by lack of grain ships going to one Ukrainian port \| Reuters](https://feedsoft.ai/events/14394-un-concerned-by-lack-of-grain-ships-going-to-one-ukrainian-port-reuters.md) | +8.2% | +6.2% |
| CORN | 2021-11-19 | [Grain Shipping Costs Start to Ease](https://feedsoft.ai/events/43961-grain-shipping-costs-start-to-ease.md) | +1.5% | +4.4% |
| WHEAT | 2024-01-25 | [Red Sea attacks disrupt grain shipping \| World Grain](https://feedsoft.ai/events/14333-red-sea-attacks-disrupt-grain-shipping-world-grain.md) | -0.4% | -5.2% |
| WHEAT | 2026-08-04 | [Russia’s grain exports fell 38% in July due to port attacks](https://feedsoft.ai/events/12809-russia-s-grain-exports-fell-38-in-july-due-to-port-attacks.md) | +0.1% | +5.3% |
| WHEAT | 2025-08-19 | [Ships Queue at Russian Grain Port](https://feedsoft.ai/events/14183-ships-queue-at-russian-grain-port.md) | -1.7% | -3.2% |

## Sources

- waradana.com: https://waradana.com/english/article/154131-grain-ships-avoid-suez-canal-due-to-red-sea-attacks

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