Russia's drone blockade has Odesa shut into January. Ukraine's grain exports just fell by half.
Russia's drone campaign has done what a declared blockade never needed to announce: it has shut Odesa's deep-water ports to merchant shipping into the new year, and the grain numbers are now showing the cost. Ukrainian agricultural exports on all routes fell 48.6% month over month in August to 1.48 million tonnes, and the Odesa ports alone saw volumes collapse 93.6% to 152,126 tonnes, according to Ukrainian Customs data reported by Fastmarkets . Wheat is where the reader feels it, which is the point this piece keeps coming back to.
Key Takeaways Ukraine's all-route agricultural exports fell 48.6% month over month in August to 1.48 million tonnes, with the Odesa ports down 93.6% to 152,126 ton…
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