# Wheat Continues Surge on Black Sea Supply Concerns as Ukraine-Russia Crisis Continues

> Chicago wheat futures rose sharply on Monday after hitting 13-1/2 year highs on Friday, as concern grew that Russia's invasion of Ukraine and Western sanctions would disrupt Black Sea grain exports. Corn and soybeans also gained on worries over feed grain and oilseed shipments.

- Date: 2022-02-28 · published 2022-02-28T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude high
- Page: https://feedsoft.ai/events/42754-wheat-continues-surge-on-black-sea-supply-concerns-as-ukraine-russia-crisis
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Losing Black Sea wheat, corn and oilseed shipments tightens already scarce global supplies, supporting higher feed grain and oilseed meal prices for buyers.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-07-27 | [Black Sea grain trapped as Russia, Ukraine attacks continue \| World Grain](https://feedsoft.ai/events/14101-black-sea-grain-trapped-as-russia-ukraine-attacks-continue-world-grain.md) | -2.0% | +3.3% |
| WHEAT | 2022-03-01 | [Concerns rise over Black Sea spring crops amid Russia-Ukraine war  \| Reuters](https://feedsoft.ai/events/14502-concerns-rise-over-black-sea-spring-crops-amid-russia-ukraine-war-reuters.md) | +10.5% | +22.7% |
| 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% |
| WHEAT | 2022-03-21 | [U.S. wheat, corn, soy rally on concerns about Ukraine-Russia fighting \| Financial Post](https://feedsoft.ai/events/6241-u-s-wheat-corn-soy-rally-on-concerns-about-ukraine-russia-fighting-financial.md) | +15.8% | +5.9% |
| 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% |
| CORN | 2022-03-01 | [Concerns rise over Black Sea spring crops amid Russia-Ukraine war  \| Reuters](https://feedsoft.ai/events/14502-concerns-rise-over-black-sea-spring-crops-amid-russia-ukraine-war-reuters.md) | +4.7% | +12.1% |
| CORN | 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) | -0.6% | -6.0% |
| CORN | 2022-03-21 | [U.S. wheat, corn, soy rally on concerns about Ukraine-Russia fighting \| Financial Post](https://feedsoft.ai/events/6241-u-s-wheat-corn-soy-rally-on-concerns-about-ukraine-russia-fighting-financial.md) | +1.5% | +11.2% |

## Sources

- agweb.com: https://www.agweb.com/news/crops/wheat/wheat-continues-surge-black-sea-supply-concerns-ukraine-russia-crisis-continues

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