Ukrainian Agribusiness Club
The Ukrainian Agribusiness Club (UCAB) is an industry association representing large Ukrainian agro-industrial companies. It provides market analysis on land, grain and other agricultural commodities, lobbies on agricultural policy, and serves as a public expert on export-related issues.
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Wheat prices surge as Black Sea attacks cripple Ukraine's agricultural exports
Russian strikes on shipping in the Black Sea have driven Chicago wheat prices to their highest level since July 2023 and slashed Ukraine's seaborne grain exports. Ukraine's agricultural sector faces tens of billions of dollars in cumulative losses, with alternative routes only partially able to compensate for the loss of Black Sea capacity.