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Ukraine grain exports forecast to plunge as Russia attacks grain assets
The USDA’s Foreign Agricultural Service cut its wheat export outlook by 26% and corn by 39% versus 2025-26, citing damage in the Odesa port region that handles about 90% of shipments.
Ukraine’s grain exports are forecast to decline sharply in the 2026-27 marketing year as Russia intensifies attacks on Ukrainian grain infrastructure, the US Department of Agriculture’s Foreign Agricultural Service said, pointing to disruptions in the Odesa port region.
The FAS said Russia’s strikes have targeted grain storage facilities and outgoing vessel traffic along Ukraine’s alternative export corridor, with no clear signs that the attacks will subside.
Based on the FAS projections, wheat exports would fall by 3.7 million tonnes to 10.8 million tonnes, while corn exports are forecast to drop by 9 million tonnes to 14 million tonnes, compared with the prior season.
The agency expects higher ending stocks as exports fall, with wheat ending stocks more than doubling to 8.2 million tonnes and corn ending stocks rising to 13.5 million tonnes from 1.3 million tonnes, and noted Ukraine has more than 74 million tonnes of total storage capacity for grains and oilseeds.
Latest closeWheat $629.25 ▼2.0%|Corn $462.00 ▲5.8%