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Russia's seaborne grain exports fell to 2.8 million tonnes in October, down 55.8% year-on-year, as drone attacks brought shipments via southern ports to a near-standstill. Exports via Baltic and Arctic terminals rose sharply to 1.72 million tonnes, but capacity remains insufficient to offset the loss of southern ports.
Losing Black Sea outlets tightens Russian wheat and feed grain supply to world markets, supporting international wheat and corn prices while the rerouted volumes carry higher logistics costs.
brecorder.comReutersNov 14, 2026After 292 past bullish logistics events, Wheat (SRW) moved a median -0.1% over 5 sessions (48% higher; middle half -1.3% to +1.3%), and -0.1% 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.
