# Wheat prices rise as missile strike threatens Ukraine export pact

> Wheat futures rose nearly 4% on Monday after a missile strike on the Ukrainian port of Odesa over the weekend cast doubt on the grain corridor agreement signed the previous week. Chicago wheat recovered much of the ground lost on Friday when prices fell about 6% after the pact was announced.

- Date: 2022-07-25 · published 2022-07-25T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/40525-wheat-prices-rise-as-missile-strike-threatens-ukraine-export-pact
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Doubts about the Black Sea export corridor keep Ukrainian supply uncertain, supporting wheat prices as the market prices in a possible delay in shipments.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-07-20 | [Wheat prices soar as Russia-Ukraine tensions stoke food crisis fears](https://feedsoft.ai/events/35082-wheat-prices-soar-as-russia-ukraine-tensions-stoke-food-crisis-fears.md) | -0.7% | -1.3% |
| WHEAT | 2023-07-19 | [Wheat Futures Rise 9% as Russia Threatens Ships Headed to Ukraine - Bloomberg](https://feedsoft.ai/events/35084-wheat-futures-rise-9-as-russia-threatens-ships-headed-to-ukraine-bloomberg.md) | +1.6% | +0.1% |
| WHEAT | 2026-07-16 | [Russia and Ukraine strike vessels in Black Sea, wheat prices jump](https://feedsoft.ai/events/7279-russia-and-ukraine-strike-vessels-in-black-sea-wheat-prices-jump.md) | +3.9% | +0.1% |
| WHEAT | 2023-08-03 | [Ukraine struggles to export its grain — as Russia repeatedly strikes its ports : NPR](https://feedsoft.ai/events/14374-ukraine-struggles-to-export-its-grain-as-russia-repeatedly-strikes-its-ports-npr.md) | +0.5% | -6.9% |
| WHEAT | 2022-02-24 | [Ukraine shuts ports as conflict threatens grain supplies \| Reuters](https://feedsoft.ai/events/14507-ukraine-shuts-ports-as-conflict-threatens-grain-supplies-reuters.md) | +6.8% | +25.3% |
| CORN | 2023-07-20 | [Wheat prices soar as Russia-Ukraine tensions stoke food crisis fears](https://feedsoft.ai/events/35082-wheat-prices-soar-as-russia-ukraine-tensions-stoke-food-crisis-fears.md) | +9.4% | -7.2% |
| CORN | 2023-07-19 | [Wheat Futures Rise 9% as Russia Threatens Ships Headed to Ukraine - Bloomberg](https://feedsoft.ai/events/35084-wheat-futures-rise-9-as-russia-threatens-ships-headed-to-ukraine-bloomberg.md) | +13.6% | -6.1% |
| CORN | 2026-07-16 | [Russia and Ukraine strike vessels in Black Sea, wheat prices jump](https://feedsoft.ai/events/7279-russia-and-ukraine-strike-vessels-in-black-sea-wheat-prices-jump.md) | +3.1% | +0.6% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/wheat-prices-rise-missile-strike-threatens-ukraine-export-pact-2022-07-25/

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