# Kevin Hazel, a Partner at Marsoft, gives the latest Marsoft comment on Ukrainian Grain Exports | Marsoft News | Marsoft

> Marsoft comments that global grain trade fell from a 580 million tonne peak to 572 million tonnes over the past year, per IGC figures. Ukrainian exports have held near 50 million tonnes a year under the Black Sea deal, but output is down about 40% versus pre-war and exports could fall to 33 million tonnes.

- Date: 2023-07-21 · published 2023-07-21T12:00:00.000Z
- Category: trade · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/35236-kevin-hazel-a-partner-at-marsoft-gives-the-latest-marsoft-comment-on-ukrainian
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Expected Ukrainian export declines and a shrinking global grain trade tighten wheat and coarse grain supplies, supporting feed grain prices. Zero Ukrainian exports would also weigh on Panamax rates.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-04-23 | [Grain shipment in Ukrainian seaports halved — Latifundist.com](https://feedsoft.ai/events/59438-grain-shipment-in-ukrainian-seaports-halved-latifundist-com.md) | -4.2% | -0.6% |
| WHEAT | 2018-08-21 | [Ukrainian seaports reduced grain exports by 86% — Latifundist.com](https://feedsoft.ai/events/63388-ukrainian-seaports-reduced-grain-exports-by-86-latifundist-com.md) | +0.5% | -1.2% |
| WHEAT | 2020-07-20 | [Ukrainian seaports almost halved grain exports in June](https://feedsoft.ai/events/51986-ukrainian-seaports-almost-halved-grain-exports-in-june.md) | +0.7% | -1.8% |
| WHEAT | 2019-04-16 | [Corn shipments in Ukrainian ports dropped by a quarter — Latifundist.com](https://feedsoft.ai/events/59440-corn-shipments-in-ukrainian-ports-dropped-by-a-quarter-latifundist-com.md) | -1.4% | -12.0% |
| WHEAT | 2020-11-30 | [Grain export 2020/21: wheat shipment under the MoU reached 68% — Latifundist.com](https://feedsoft.ai/events/50013-grain-export-2020-21-wheat-shipment-under-the-mou-reached-68-latifundist-com.md) | -0.9% | +8.3% |
| CORN | 2024-03-25 | [Ukraine's ags exports slow on lower corn shipments \| Latest Market News](https://feedsoft.ai/events/14316-ukraine-s-ags-exports-slow-on-lower-corn-shipments-latest-market-news.md) | -4.9% | -6.9% |
| CORN | 2024-03-25 | [Ukraine grain exports rise on week, lag on year \| Latest Market News](https://feedsoft.ai/events/14318-ukraine-grain-exports-rise-on-week-lag-on-year-latest-market-news.md) | -4.9% | -6.9% |
| CORN | 2019-04-23 | [Grain shipment in Ukrainian seaports halved — Latifundist.com](https://feedsoft.ai/events/59438-grain-shipment-in-ukrainian-seaports-halved-latifundist-com.md) | -2.3% | +3.9% |

## Sources

- marsoft.com: https://marsoft.com/news/kevin-hazel-ukrainian-grain-exports

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