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Wheat prices at Romanian and Bulgarian ports reached their highest in over three years, with free-on-board quotes around $282.50 per tonne and a brief peak of $292.50 last week. Prices have risen about 20 percent since early July as Russia and Ukraine attacked each other's Black Sea ports, pushing buyers to lock in supplies from other Black Sea origins.
Disruption at Russian and Ukrainian Black Sea ports is redirecting import demand to Romanian and Bulgarian origins, lifting wheat prices across the Black Sea and raising feed-grade wheat costs for importers.
gmt8press.comNov 15, 2026After 363 past bullish geopolitics events, Wheat (SRW) moved a median +0.6% over 5 sessions (58% higher; middle half -1.4% to +3.7%), and +1.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
