# Black Sea attacks revive fears of grain market turmoil - The Daily

> Recent attacks on cargo vessels in the Black Sea have raised concern about further disruption to grain exports. Ukraine accused Russia of intensifying shipping attacks and a renewed blockade, while Moscow blamed Ukraine for attacks in the Sea of Azov. The Ukrainian Agri Council warned that suspended port calls could leave up to 32.4 million tonnes of surplus grain on the domestic market.

- Date: 2017-10-03 · published 2017-10-03T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/68358-black-sea-attacks-revive-fears-of-grain-market-turmoil-the-daily
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

The Black Sea handles roughly 70% of Ukrainian exports and a large share of Russian grain, so a blockade would tighten global wheat and corn supply and lift prices, especially for importers in the Middle East and North Africa. Conversely, stranded Ukrainian surplus could push domestic prices lower.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-01-25 | [Frost risk remains for Black Sea crops: Grain market daily \| AHDB](https://feedsoft.ai/events/43080-frost-risk-remains-for-black-sea-crops-grain-market-daily-ahdb.md) | -2.1% | -0.8% |
| WHEAT | 2026-07-24 | [Grains Markets Hit New Highs on Black Sea Attacks, Crude Oil Rally](https://feedsoft.ai/events/18388-grains-markets-hit-new-highs-on-black-sea-attacks-crude-oil-rally.md) | -2.2% | +2.5% |
| WHEAT | 2024-11-27 | [How much Black Sea wheat is at risk of disruption? Grain market daily  \| AHDB](https://feedsoft.ai/events/14251-how-much-black-sea-wheat-is-at-risk-of-disruption-grain-market-daily-ahdb.md) | -0.1% | +2.1% |
| WHEAT | 2026-07-16 | [Wheat markets respond to Sea of Azov attacks - Grainews](https://feedsoft.ai/events/5069-wheat-markets-respond-to-sea-of-azov-attacks-grainews.md) | +3.9% | +0.1% |
| WHEAT | 2026-07-16 | [Wheat Soars as Black Sea Conflict Reshapes the Grain Markets \| Agriculture of America](https://feedsoft.ai/events/9562-wheat-soars-as-black-sea-conflict-reshapes-the-grain-markets-agriculture-of.md) | +3.9% | +0.1% |
| CORN | 2026-07-24 | [Grains Markets Hit New Highs on Black Sea Attacks, Crude Oil Rally](https://feedsoft.ai/events/18388-grains-markets-hit-new-highs-on-black-sea-attacks-crude-oil-rally.md) | -3.8% | -0.1% |
| CORN | 2026-07-16 | [Wheat Soars as Black Sea Conflict Reshapes the Grain Markets \| Agriculture of America](https://feedsoft.ai/events/9562-wheat-soars-as-black-sea-conflict-reshapes-the-grain-markets-agriculture-of.md) | +3.1% | +0.6% |
| CORN | 2025-12-02 | [Market Snapshot \| Black Sea tensions spur rally in grains - Pro Farmer](https://feedsoft.ai/events/11262-market-snapshot-black-sea-tensions-spur-rally-in-grains-pro-farmer.md) | +0.5% | +0.3% |

## Sources

- the-daily.org: https://the-daily.org/economics/item/90197-black-sea-attacks-revive-fears-of-grain-market-turmoil

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