# Grain price trends and surplus of grain hoppers

> Ukraine's grain export revenue totaled $11.7 billion in 2020, about 24% of its export earnings. Ukraine expects to cut grain exports 17% in 2020/21 because of a smaller crop, and drought in 2020 lowered stocks, which has changed grain prices and transport tariffs.

- Date: 2021-02-27 · published 2021-02-27T12:00:00.000Z
- Category: trade · region Ukraine · magnitude low
- Page: https://feedsoft.ai/events/48491-grain-price-trends-and-surplus-of-grain-hoppers
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A 17% cut in Ukrainian grain exports removes supply from world markets, supporting wheat and corn prices and raising the cost of rail transport to ports.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-12-08 | [Dip in dry bulk grain prices attracts buyers \| Dry Bulk](https://feedsoft.ai/events/32753-dip-in-dry-bulk-grain-prices-attracts-buyers-dry-bulk.md) | -4.0% | +1.2% |
| WHEAT | 2021-04-30 | [High grain prices alter feeding, trade patterns \| Feed Strategy](https://feedsoft.ai/events/47677-high-grain-prices-alter-feeding-trade-patterns-feed-strategy.md) | -5.5% | -5.0% |
| WHEAT | 2020-10-02 | [Wheat, Rice Prices Surge in Coronavirus Lockdown \| Feed & Grain](https://feedsoft.ai/events/50691-wheat-rice-prices-surge-in-coronavirus-lockdown-feed-and-grain.md) | +1.9% | +3.6% |
| WHEAT | 2020-11-20 | [Feed weekly outlook: Export demand supports grain prices - Grainews](https://feedsoft.ai/events/50227-feed-weekly-outlook-export-demand-supports-grain-prices-grainews.md) | -2.9% | +4.7% |
| WHEAT | 2017-05-12 | [Grains And Oilseeds News In Brief](https://feedsoft.ai/events/71123-grains-and-oilseeds-news-in-brief.md) | -2.5% | +0.9% |
| CORN | 2020-11-24 | [Why Grain Prices are Surging and What It Will Take For The Rally to Last - ProAg](https://feedsoft.ai/events/4399-why-grain-prices-are-surging-and-what-it-will-take-for-the-rally-to-last-proag.md) | -2.0% | -2.8% |
| CORN | 2018-07-31 | [Grain rallies ahead of trade talks - Farm and Dairy](https://feedsoft.ai/events/64053-grain-rallies-ahead-of-trade-talks-farm-and-dairy.md) | +8.8% | -2.8% |
| 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% |

## Sources

- apk-inform.com: https://www.apk-inform.com/en/exclusive/topic/1517806

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