#Odessa Port

News tagged with #Odessa Port

Loading grain into a ship's hold at a Ukrainian port: illustrating export challenges due to corridor blockade and Russian attacks

Grain Corridor Blockade: Ukraine Cuts Export Forecast by 54% Due to Russian Attacks and Drought

Economy 08/08/2026, 10:02
🚨 **CRITICAL EXPORT CUTS**: Ukraine has revised its grain supply forecast for 2026-27 downwards by 54%. 📉 **Figures**: Instead of 64.4 million tons, only 29.6 million tons are expected. Wheat exports will drop by 53%. 🚫 **Reasons**: Russian attacks on Odessa (90% of supplies) and drought on the Danube are blocking exports. 💰 **Damage**: Losses in the second half of 2026 will exceed $2 billion. Storage facilities are overflowing by November. 🇺🇦 **Kyiv's Position**: The Ministry of Foreign Affairs announced plans to resume exports despite the blockade.
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