# Patchwork fixes to Ukraine grain shortfall leave world vulnerable a year into war

> A year after Russia's invasion of Ukraine pushed global crop values to decade highs, benchmark corn futures are down about 10% and wheat futures more than 20% below pre-war levels. The article says the supply fixes put in place remain fragile.

- Date: 2023-03-13 · published 2023-03-13T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/36882-patchwork-fixes-to-ukraine-grain-shortfall-leave-world-vulnerable-a-year-into
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Prices have already unwound most of the war premium, so the market is more exposed to any renewed disruption to Black Sea grain flows, which would lift corn and wheat prices quickly.

## Read by commodity

- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-07-11 | [Ukraine’s meteoric rise in grain \| 2019-07-11  \| World Grain](https://feedsoft.ai/events/57943-ukraine-s-meteoric-rise-in-grain-2019-07-11-world-grain.md) | +0.4% | -2.7% |
| WHEAT | 2025-03-28 | [Does Ukraine Need a New Black Sea Grain Initiative?](https://feedsoft.ai/events/14221-does-ukraine-need-a-new-black-sea-grain-initiative.md) | -1.4% | +2.0% |
| WHEAT | 2022-11-01 | [More grain ships leave Ukraine ports despite Russian suspension \| Reuters](https://feedsoft.ai/events/14440-more-grain-ships-leave-ukraine-ports-despite-russian-suspension-reuters.md) | +7.3% | +7.7% |
| WHEAT | 2018-11-30 | [Grain exports not impacted by Russia, Ukraine tension \| 2018-11-30  \| World Grain](https://feedsoft.ai/events/61921-grain-exports-not-impacted-by-russia-ukraine-tension-2018-11-30-world-grain.md) | +2.7% | +3.1% |
| WHEAT | 2025-12-24 | [Ukraine’s grain export landscape — Breakwave Advisors](https://feedsoft.ai/events/14152-ukraine-s-grain-export-landscape-breakwave-advisors.md) | -0.3% | -0.6% |
| CORN | 2019-07-11 | [Ukraine’s meteoric rise in grain \| 2019-07-11  \| World Grain](https://feedsoft.ai/events/57943-ukraine-s-meteoric-rise-in-grain-2019-07-11-world-grain.md) | +0.2% | -5.9% |
| CORN | 2022-11-01 | [More grain ships leave Ukraine ports despite Russian suspension \| Reuters](https://feedsoft.ai/events/14440-more-grain-ships-leave-ukraine-ports-despite-russian-suspension-reuters.md) | +0.0% | -2.8% |
| CORN | 2025-12-24 | [Ukraine’s grain export landscape — Breakwave Advisors](https://feedsoft.ai/events/14152-ukraine-s-grain-export-landscape-breakwave-advisors.md) | -1.0% | -3.4% |

## Sources

- reuters.com: https://www.reuters.com/world/europe/patchwork-fixes-ukraine-grain-shortfall-leave-world-vulnerable-year-into-war-2023-03-13/

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