# Strong ruble and Black Sea bottlenecks curb Russia’s wheat export pace - IKAR in Mass Media | IKAR.ru

> IKAR said Russia's wheat export pace has reached only 62% of its estimated export potential of about 46 million tonnes from a crop of roughly 91 million tonnes. A stronger ruble, Black Sea loading bottlenecks and tight availability of lower-protein wheat are slowing shipments, and total grain exports are running below the previous three seasons.

- Date: 2026-02-16 · published 2026-02-16T12:00:00.000Z
- Category: trade · region Russia · magnitude medium
- Page: https://feedsoft.ai/events/14139-strong-ruble-and-black-sea-bottlenecks-curb-russia-s-wheat-export-pace-ikar-in
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Slow Russian export flow limits global wheat supply and keeps Black Sea FOB prices firm, though weak domestic prices and a strong ruble may cap how aggressively exporters sell.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-01-07 | [Mid-Year Report: U.S. Wheat Export Sales Pace Remains Strong](https://feedsoft.ai/events/49177-mid-year-report-u-s-wheat-export-sales-pace-remains-strong.md) | +0.8% | -4.1% |
| WHEAT | 2017-10-10 | [E-Malt.com News article: Russia: Barley and wheat export prices rise amid strong demand from buyers](https://feedsoft.ai/events/68521-e-malt-com-news-article-russia-barley-and-wheat-export-prices-rise-amid-strong.md) | +0.2% | -3.8% |
| WHEAT | 2020-10-26 | [Russian wheat hits a new high on China’s imports and poor outlook for corn crop in the Black Sea - The Sizov Report blog](https://feedsoft.ai/events/50512-russian-wheat-hits-a-new-high-on-china-s-imports-and-poor-outlook-for-corn-crop.md) | -0.9% | -5.0% |
| WHEAT | 2025-02-13 | [Further decline in Black Sea wheat exports: Grain market daily \| AHDB](https://feedsoft.ai/events/14227-further-decline-in-black-sea-wheat-exports-grain-market-daily-ahdb.md) | +1.9% | -3.0% |
| WHEAT | 2022-02-28 | [India's wheat exports set to surge amid Black Sea supply uncertainty \| Reuters](https://feedsoft.ai/events/42687-india-s-wheat-exports-set-to-surge-amid-black-sea-supply-uncertainty-reuters.md) | +12.1% | +26.0% |

## Sources

- ikar.ru: https://www.ikar.ru/1/en/press/3953/

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