# Black sea region wheat update: Ukraine and Russia wheat prices climb as supply tightens - Fastmarkets

> Black Sea wheat prices rose at least $14.50 per tonne over two weeks on tight supply, rising domestic demand and slow farmer selling. Prices stopped rising on July 23-24 and offers began to fall, with Fastmarkets' September feed wheat assessment at $229 per tonne by July 25.

- Date: 2025-07-29 · published 2025-07-29T12:00:00.000Z
- Category: market · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/14191-black-sea-region-wheat-update-ukraine-and-russia-wheat-prices-climb-as-supply
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Feed wheat supply tightened in July, but the reversal in offers signals that the short-covering rally is fading and Black Sea feed wheat prices may soften as harvest selling builds.

## Read by commodity

- CORN: neutral
- WHEAT: bearish ▼

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/black-sea-region-wheat-update-ukraine-and-russia-wheat-prices-climb-as-supply-tightens-article/

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