Commodities

Ukraine Grain Exports Slumped in December as Strikes Intensified

Wheat exports from Ukraine — one of the world’s major grain exporters — tumbled almost 25% in December as Russia stepped up attacks on the country’s port infrastructure that serves as its main export conduit.

Corn exports also dropped about 13%, according to data from analysts at agri-market intelligence platform CM Navigator. Total grain exports from Ukraine in December fell by 16% year-on-year, according to Ukrainian consultancy UkrAgroConsult.