
Russia exported 2.026 million tons of major grains in July 2026, down 37.6% year on year, with wheat down 17.7%. The steepest drop came in the third ten-day period of July after drone damage to Taman port infrastructure.
Grain exports moved through only 21 ports versus 38 a year earlier.
A sharp fall in Russian export volumes removes a major share of world supply, tightening wheat, corn and barley availability and supporting world prices and freight rates.
After 283 past bullish logistics events, WHEAT moved a median -0.2% over 5 sessions (46% higher; middle half -1.4% to +1.3%), and -0.1% over 20.
After 285 past bullish logistics events, CORN moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.5%), and +0.8% over 20.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.