# Wheat futures surge after Russia strikes Ukrainian grain terminal - Fastmarkets

> Wheat futures spiked on June 9, 2022 after a Russian attack hit grain silos at the Ukrainian port of Mykolaiv, raising doubts about Ukrainian grain exports via the Black Sea. Chicago wheat had fallen 5-6% before the rebound, and French drought concerns added to volatility.

- Date: 2022-06-09 · published 2022-06-09T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/40980-wheat-futures-surge-after-russia-strikes-ukrainian-grain-terminal-fastmarkets
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

Doubts over Ukrainian port access tighten global wheat supply expectations, supporting wheat prices and raising costs for feed buyers.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲
- SUNMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-12-17 | [Ukraine's grain exports curbed as Russian strikes shut terminals](https://feedsoft.ai/events/14151-ukraine-s-grain-exports-curbed-as-russian-strikes-shut-terminals.md) | +0.8% | +0.7% |
| WHEAT | 2023-11-22 | [Wheat prices jump as Russia targets Ukrainian grain supplies](https://feedsoft.ai/events/12252-wheat-prices-jump-as-russia-targets-ukrainian-grain-supplies.md) | -0.4% | -1.2% |
| WHEAT | 2024-05-20 | [Wheat Futures Surge on Russian Crop Worries -- Daily Grain Highlights](https://feedsoft.ai/events/4597-wheat-futures-surge-on-russian-crop-worries-daily-grain-highlights.md) | +19.7% | +8.5% |
| WHEAT | 2025-12-22 | [U.S. grains: Wheat leads grains higher with Russian strikes in focus - Grainews](https://feedsoft.ai/events/21539-u-s-grains-wheat-leads-grains-higher-with-russian-strikes-in-focus-grainews.md) | +0.6% | -0.3% |
| WHEAT | 2023-02-10 | [U.S. Wheat Futures Jump on Ukraine, Russia Shipment Concerns](https://feedsoft.ai/events/37376-u-s-wheat-futures-jump-on-ukraine-russia-shipment-concerns.md) | -2.5% | -9.0% |
| KWHEAT | 2023-02-10 | [U.S. Wheat Futures Jump on Ukraine, Russia Shipment Concerns](https://feedsoft.ai/events/37376-u-s-wheat-futures-jump-on-ukraine-russia-shipment-concerns.md) | +2.2% | -7.7% |
| KWHEAT | 2022-10-31 | [Wheat futures jump, hitting record high in Sydney, after Russia exits Black Sea deal - Grain Price News](https://feedsoft.ai/events/39157-wheat-futures-jump-hitting-record-high-in-sydney-after-russia-exits-black-sea.md) | +3.1% | -2.2% |
| KWHEAT | 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) | +10.3% | -10.8% |

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/wheat-futures-surge-after-russia-strikes-ukrainian-grain-terminal/

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