# Ukraine crisis: Agri commodities prices plunge in global markets as supply fears recede - The HinduBusinessLine

> Agricultural commodity prices including wheat, maize, soybeans and palm oil dropped over the weekend after surging on Feb. 24 when Russia invaded Ukraine. Most of these commodities fell by over 5%, as no NATO decision was announced to restrict movement of grains.

- Date: 2022-02-27 · published 2022-02-27T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/8528-ukraine-crisis-agri-commodities-prices-plunge-in-global-markets-as-supply-fears
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Traders judged that supply fears had receded, and easing Brent crude below $100 also weighed on prices. Feed buyers should expect volatility to persist while the conflict's supply implications remain uncertain.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- BRENT: bearish ▼
- WHEAT: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-10-28 | [Wheat prices fall as global supply weighs on markets - Farmers Weekly](https://feedsoft.ai/events/443-wheat-prices-fall-as-global-supply-weighs-on-markets-farmers-weekly.md) | +0.2% | — |
| WHEAT | 2026-03-10 | [Chicago soy, grains retreat as technical selling unwinds crude-driven rally - Markets - Business Recorder](https://feedsoft.ai/events/10390-chicago-soy-grains-retreat-as-technical-selling-unwinds-crude-driven-rally.md) | -1.3% | -1.1% |
| WHEAT | 2023-08-23 | [US grain markets bumpy amid global challenges \| World Grain](https://feedsoft.ai/events/34625-us-grain-markets-bumpy-amid-global-challenges-world-grain.md) | -4.8% | -2.0% |
| WHEAT | 2022-04-25 | [Can India help solve a widening global wheat supply crunch?  \| The National](https://feedsoft.ai/events/41813-can-india-help-solve-a-widening-global-wheat-supply-crunch-the-national.md) | +8.0% | +12.3% |
| WHEAT | 2023-05-18 | [Russia agrees to extend Ukraine grain deal in a boost for global food security \| AP News](https://feedsoft.ai/events/14393-russia-agrees-to-extend-ukraine-grain-deal-in-a-boost-for-global-food-security.md) | -1.2% | -6.5% |
| CORN | 2026-03-10 | [Chicago soy, grains retreat as technical selling unwinds crude-driven rally - Markets - Business Recorder](https://feedsoft.ai/events/10390-chicago-soy-grains-retreat-as-technical-selling-unwinds-crude-driven-rally.md) | +3.2% | +2.8% |
| CORN | 2026-01-26 | [Fertilizer Prices Stay Elevated Despite Improving Global Supply](https://feedsoft.ai/events/20976-fertilizer-prices-stay-elevated-despite-improving-global-supply.md) | -0.3% | -0.5% |
| CORN | 2023-05-18 | [Russia agrees to extend Ukraine grain deal in a boost for global food security \| AP News](https://feedsoft.ai/events/14393-russia-agrees-to-extend-ukraine-grain-deal-in-a-boost-for-global-food-security.md) | +5.6% | +2.2% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/economy/agri-business/ukraine-crisis-agri-commodities-prices-plunge-in-global-markets-as-supply-fears-recede/article65089768.ece

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