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Analysts say a Black Sea deal is unlikely to lift Russian food exports in the short term. Russian grain and fertilizer exports already reached record levels during the conflict, with no major war-related security incidents affecting grain infrastructure.
Russian export volumes are already high, so a deal would add little extra supply in the near term. Wheat prices are likely to stay stable.
reuters.comGleb BryanskiMar 26, 2025After 206 past neutral trade events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.6%), 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.
