# Ukraine Port Closure Threatens Global Crop Supply

> Egypt's wheat tender drew only limited offers as traders avoid Russian grain and Ukrainian ports are closed. Some Russian vessels are still departing on existing contracts, but new deals are largely frozen.

- Date: 2022-02-27 · published 2022-02-27T12:00:00.000Z
- Category: trade · region Black Sea · magnitude high
- Page: https://feedsoft.ai/events/42612-ukraine-port-closure-threatens-global-crop-supply
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Russia and Ukraine supply over a quarter of global wheat trade and nearly a fifth of corn, so the stalled flows push importers to alternative origins and support global grain prices.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-10-17 | [Inspection battle threatens Egypt's wheat supply](https://feedsoft.ai/events/68363-inspection-battle-threatens-egypt-s-wheat-supply.md) | +0.0% | -3.1% |
| WHEAT | 2024-11-06 | [Russia's grain policies help Ukraine secure sales](https://feedsoft.ai/events/27446-russia-s-grain-policies-help-ukraine-secure-sales.md) | -0.9% | -2.0% |
| WHEAT | 2020-11-11 | [Chinese demand for agricultural commodities continues to support global prices: Grain Market Daily \| AHDB](https://feedsoft.ai/events/12425-chinese-demand-for-agricultural-commodities-continues-to-support-global-prices.md) | -3.1% | +2.6% |
| WHEAT | 2020-09-25 | [China Buying Spree Revives Export Profits for Top Crop Traders - Caixin Global](https://feedsoft.ai/events/50989-china-buying-spree-revives-export-profits-for-top-crop-traders-caixin-global.md) | +6.5% | +10.5% |
| WHEAT | 2020-01-19 | [Ukraine supplies every fifth tonne of grains to the Middle East — APK-Inform](https://feedsoft.ai/events/54927-ukraine-supplies-every-fifth-tonne-of-grains-to-the-middle-east-apk-inform.md) | -0.3% | -5.4% |
| CORN | 2023-12-07 | [Ukraine's MY 2023-24 corn exports drop 35% on year to 6.6 mil mt as of Dec 6 \| S&P Global](https://feedsoft.ai/events/14337-ukraine-s-my-2023-24-corn-exports-drop-35-on-year-to-6-6-mil-mt-as-of-dec-6-s.md) | -2.3% | +0.0% |
| CORN | 2025-01-29 | [Ukraine corn prices surge as corn growers hold back stocks \| S&P Global](https://feedsoft.ai/events/26539-ukraine-corn-prices-surge-as-corn-growers-hold-back-stocks-s-and-p-global.md) | +1.0% | -1.0% |
| CORN | 2020-12-23 | [China’s Soy Imports to Top 100 Million Tons as U.S. Supply Jumps - Caixin Global](https://feedsoft.ai/events/49645-china-s-soy-imports-to-top-100-million-tons-as-u-s-supply-jumps-caixin-global.md) | +4.2% | +18.2% |

## Sources

- gcaptain.com: https://gcaptain.com/ukraine-port-closure-threatens-global-crop-supply/

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