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Russia's seaborne grain exports fell 1.7% year-on-year to 6.2 million tonnes in October, according to shipping data. Season-to-date seaborne exports reached 19.2 million tonnes, down 15.6% from a year earlier.
Black Sea terminals, which handle about 90% of shipments, fell 3% while Caspian shipments rose 60.3%.
A slower harvest and reduced Russian seaborne supply tighten export availability and modestly support wheat and feed grain prices in global markets.
bairdmaritime.comReutersNov 12, 2025After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.
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.
