Loading…

Russian wheat exports from Black Sea ports totaled 169,850 tonnes in the week ended May 21, down from 355,375 tonnes the previous week. Year-to-date May exports of 1.07 million tonnes were 68% below the same period in 2024.
Sharply lower Russian shipments remove supply from the world wheat market at a time of seasonal tightness, which supports wheat prices and raises feed grain replacement costs.
After 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.
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.