# Dry Bulk Grain Flows — Breakwave Advisors

> Signal Ocean's weekly monitor highlights a recovery in Russian grain shipments since June, with quarterly volumes reaching the highest level of the year by September. Russia remains a major wheat supplier to Egypt, which buys large volumes through GASC tenders. Egypt secured substantial Russian wheat supplies in 2023 despite sanctions-related logistics challenges.

- Date: 2024-10-24 · published 2024-10-24T12:00:00.000Z
- Category: trade · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/16995-dry-bulk-grain-flows-breakwave-advisors
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Strong Russian export flows add supply to world wheat markets and pressure wheat prices lower, while steady Egyptian demand limits the downside.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-02-09 | [Signal Dry Bulk Weekly Report — Breakwave Advisors](https://feedsoft.ai/events/42912-signal-dry-bulk-weekly-report-breakwave-advisors.md) | +0.4% | +18.0% |
| WHEAT | 2021-01-29 | [Grain trade flows shifting \| 2021-01-29  \| World Grain](https://feedsoft.ai/events/48979-grain-trade-flows-shifting-2021-01-29-world-grain.md) | -9.7% | +0.1% |
| WHEAT | 2017-09-14 | [Grains And Oilseeds News In Brief](https://feedsoft.ai/events/68818-grains-and-oilseeds-news-in-brief.md) | +0.9% | +4.0% |
| WHEAT | 2026-10-29 | [China On Track For Another Bumper Harvest… \| Grain Brokers](https://feedsoft.ai/events/114-china-on-track-for-another-bumper-harvest-grain-brokers.md) | -0.4% | — |
| WHEAT | 2018-11-02 | [As China soy demand wavers, U.S. farmers turn back to grains](https://feedsoft.ai/events/62089-as-china-soy-demand-wavers-u-s-farmers-turn-back-to-grains.md) | -4.0% | -3.9% |
| KWHEAT | 2021-01-29 | [Grain trade flows shifting \| 2021-01-29  \| World Grain](https://feedsoft.ai/events/48979-grain-trade-flows-shifting-2021-01-29-world-grain.md) | -1.2% | -0.2% |
| KWHEAT | 2018-11-17 | [Global trade flows dominate local cash markets — This week in the grain markets - RealAgriculture](https://feedsoft.ai/events/11723-global-trade-flows-dominate-local-cash-markets-this-week-in-the-grain-markets.md) | -3.8% | +7.1% |
| KWHEAT | 2025-11-07 | [Lower Chinese buying pushes grain prices down: Grain market daily \| AHDB](https://feedsoft.ai/events/8213-lower-chinese-buying-pushes-grain-prices-down-grain-market-daily-ahdb.md) | +0.7% | +0.2% |

## Sources

- breakwaveadvisors.com: https://www.breakwaveadvisors.com/insights/2024/10/24/dry-bulk-grain-flows

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