# CBOT wheat marks three-year highs on Russian rejection of grain deal | MarketScreener Canada

> CBOT wheat reached three-year highs after Russia rejected a Black Sea grain deal, according to a Reuters report published on Sept. 1. The market close showed the wider index moving modestly while grain prices strengthened.

- Date: 2026-09-01 · published 2026-09-01T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/12758-cbot-wheat-marks-three-year-highs-on-russian-rejection-of-grain-deal
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Failure of a grain deal keeps Black Sea supply risk in the price, supporting wheat and feed-grain values for buyers. The move is driven by geopolitical supply concerns rather than a change in demand.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-09-01 | [GRAINS-Chicago wheat hits multi-year peak after Russia rejects Black Sea grain plan - NewsX](https://feedsoft.ai/events/12757-grains-chicago-wheat-hits-multi-year-peak-after-russia-rejects-black-sea-grain.md) | +0.8% | +0.1% |
| WHEAT | 2023-04-25 | [Wheat: All Eyes Are On Extension Of The Black Sea Grain Deal - TalkMarkets](https://feedsoft.ai/events/10363-wheat-all-eyes-are-on-extension-of-the-black-sea-grain-deal-talkmarkets.md) | +0.0% | -3.1% |
| WHEAT | 2026-07-22 | [Grain Markets Explode to Fresh Highs on War, Weather with Wheat Leading - AgWeb](https://feedsoft.ai/events/9559-grain-markets-explode-to-fresh-highs-on-war-weather-with-wheat-leading-agweb.md) | -1.8% | +2.5% |
| WHEAT | 2024-05-20 | [Wheat Futures Surge on Russian Crop Worries -- Daily Grain Highlights](https://feedsoft.ai/events/4597-wheat-futures-surge-on-russian-crop-worries-daily-grain-highlights.md) | +19.7% | +8.5% |
| WHEAT | 2026-08-26 | [Grain Markets Explode to New Contract and Multi-Year Highs: What Drove It? - AgWeb](https://feedsoft.ai/events/12350-grain-markets-explode-to-new-contract-and-multi-year-highs-what-drove-it-agweb.md) | +5.4% | +8.5% |

## Sources

- ca.marketscreener.com: https://ca.marketscreener.com/news/cbot-wheat-marks-three-year-highs-on-russian-rejection-of-grain-deal-ce7858d2d881f623

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.