Ukraine Lowers Grain Export Forecast Amid Ongoing Port Attacks

Ukraine has lowered its grain export forecast for the 2026/27 season due to ongoing Russian attacks on its southern ports. The country's agriculture minister, Taras Vysotskyi, said that Ukraine is now targeting 38-40 million tons of grain exports.

This marks a 12% reduction from the previous projection of 43 million tons. Russia has been attacking Ukrainian Black Sea ports and export terminals almost daily since late July.

The disruptions have led to a potential grain storage shortfall of 11 million tons, according to the agriculture ministry. Earlier this month, Vysotskyi estimated that losses to the agricultural sector from the port blockade could reach $3 billion.