# Ukraine grain deal under threat: What does it mean for the Middle East and Africa? | The National

> Analysts warn that wheat prices could rise again if the deal allowing grain flows from three Ukrainian ports is not renewed on May 18. Russia says parts of the deal covering its own agricultural exports are not being honoured, while the EU says there are no restrictions on that trade.

- Date: 2023-04-27 · published 2023-04-27T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/36308-ukraine-grain-deal-under-threat-what-does-it-mean-for-the-middle-east-and
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Non-renewal of the corridor would remove a key export route for Ukrainian grain and could lift wheat and corn prices, with the strongest effects in import-dependent Middle East and African markets.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 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) | +2.4% | +2.8% |
| 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% |
| WHEAT | 2026-10-10 | [Ukraine and Russia's grain harvest under threat amid Black sea attacks](https://feedsoft.ai/events/14075-ukraine-and-russia-s-grain-harvest-under-threat-amid-black-sea-attacks.md) | +3.7% | +4.2% |
| WHEAT | 2023-04-21 | [The Black Sea Grain Deal: Fragile Cooperation Between Ukraine and Russia \| Lawfare](https://feedsoft.ai/events/14403-the-black-sea-grain-deal-fragile-cooperation-between-ukraine-and-russia-lawfare.md) | -8.6% | -9.9% |
| WHEAT | 2023-02-14 | [Can Ukraine's Grain Corridor Ease the Global Food Crisis?](https://feedsoft.ai/events/14415-can-ukraine-s-grain-corridor-ease-the-global-food-crisis.md) | -1.2% | -7.6% |
| KWHEAT | 2026-09-25 | [What’s Behind the Latest Surge in Grain and Oilseed Prices?](https://feedsoft.ai/events/11998-what-s-behind-the-latest-surge-in-grain-and-oilseed-prices.md) | -3.8% | -13.2% |
| KWHEAT | 2022-07-25 | [Wheat prices rise as missile strike threatens Ukraine export pact](https://feedsoft.ai/events/40525-wheat-prices-rise-as-missile-strike-threatens-ukraine-export-pact.md) | +6.6% | +3.0% |
| KWHEAT | 2026-02-28 | [What the Iran attack means for oil, fertilizer and ag commodities - Pro Farmer](https://feedsoft.ai/events/20635-what-the-iran-attack-means-for-oil-fertilizer-and-ag-commodities-pro-farmer.md) | +6.8% | +10.5% |

## Sources

- thenationalnews.com: https://www.thenationalnews.com/world/2023/04/27/ukraine-grain-deal-under-threat-what-does-it-mean-for-the-middle-east-and-africa/

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