Ukraine cuts grain export forecast on port attacks
Analysis based on 6 articles · First reported Aug 10, 2026 · Last updated Aug 11, 2026
The reduced export forecast signals tighter global grain supplies, potentially supporting wheat, corn, and barley prices. Shipping and agricultural sectors face increased uncertainty and risk due to the ongoing attacks on Ukrainian ports.
Ukraine's agriculture ministry, led by Taras Vysotskyi, cut its grain export forecast for the 2026/27 season by up to 12% to 38-40 million tons, citing Russian attacks on the Ukraine — Odesa port hub. The previous forecast was 43 million tons. Russia has attacked Ukrainian Black Sea ports, export terminals, and vessels almost daily since late July, effectively halting shipments from Ukraine — Odesa. The disruption could cause a grain storage shortfall of 11 million tons, and losses to the agricultural sector could reach $3 billion. Analyst firm APK-Inform also cut its export forecast by 8.6% to 39.4 million tons, including 13.5 million tons of wheat, 24 million tons of corn, and 1.5 million tons of barley.
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