# Ukraine Invasion Threatens Global Wheat Supply

> Russia's invasion of Ukraine threatens to cut off some international wheat shipments. The disruption is pushing wheat prices higher at a time when supply chain problems have already raised food costs.

- Date: 2022-02-24 · published 2022-02-24T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude high
- Page: https://feedsoft.ai/events/6311-ukraine-invasion-threatens-global-wheat-supply
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Losing Black Sea wheat flows tightens world supply, supporting wheat and corn prices and raising costs for feed buyers.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-01-31 | [Russia-Ukraine Tensions Drive Global Wheat Prices Higher](https://feedsoft.ai/events/43173-russia-ukraine-tensions-drive-global-wheat-prices-higher.md) | -1.7% | +0.5% |
| WHEAT | 2022-03-11 | [Overcoming the threats to global food systems from Russia's invasion of Ukraine \| IFPRI](https://feedsoft.ai/events/11340-overcoming-the-threats-to-global-food-systems-from-russia-s-invasion-of-ukraine.md) | -1.0% | +6.3% |
| 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% |
| WHEAT | 2022-07-25 | [Wheat prices rise as missile strike threatens Ukraine export pact](https://feedsoft.ai/events/40525-wheat-prices-rise-as-missile-strike-threatens-ukraine-export-pact.md) | -9.5% | -0.1% |
| WHEAT | 2026-06-19 | [Rising Attacks on Ukrainian Black Sea Ports Threaten Grain Export Capacity and Global Supply \| Tridge Insights](https://feedsoft.ai/events/14110-rising-attacks-on-ukrainian-black-sea-ports-threaten-grain-export-capacity-and.md) | -1.6% | -1.2% |
| CORN | 2022-01-31 | [Russia-Ukraine Tensions Drive Global Wheat Prices Higher](https://feedsoft.ai/events/43173-russia-ukraine-tensions-drive-global-wheat-prices-higher.md) | +0.6% | +6.9% |
| CORN | 2022-03-11 | [Overcoming the threats to global food systems from Russia's invasion of Ukraine \| IFPRI](https://feedsoft.ai/events/11340-overcoming-the-threats-to-global-food-systems-from-russia-s-invasion-of-ukraine.md) | +2.7% | +9.8% |
| CORN | 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) | +6.5% | +12.3% |

## Sources

- nytimes.com: https://www.nytimes.com/2022/02/24/business/ukraine-russia-wheat-prices.html

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