Disruptions in the Black Sea could reduce global grain exports by 86 million tons

Problems with the operation of Ukrainian and Russian ports in the Black and Azov Seas could reduce global grain supplies this year by about 86 million tons.

This is reported by the Financial Times, citing Oxford Economics estimates.

Of this volume, about 52 million tons fall on Russian exports, another 34 million tons on Ukrainian ones.

Alternative routes via the Danube and railways, according to analysts, can compensate Ukraine with only about 17 million tons.

Against the backdrop of attacks on ports and ships, wheat futures have approached their highest levels in almost three years.

Oxford Economics predicts that world food prices could increase by 11.8% in 2026.

Earlier it became known why discounts on railway tariffs for the transit of Ukrainian cargo will have a positive impact on exports.