# Russia's promise to resume negotiations with Ukraine led to a speculative 2.5% decrease in wheat stock exchange quotes in one day.

> Russia agreed to resume trilateral negotiations with the US and Ukraine starting November 10, which prompted wheat futures to fall 2.5% to 3.6% in one session. Euronext December wheat dropped the most, while Chicago SRW and Kansas City HRW also declined. The article notes that Black Sea export blockades had previously pushed prices sharply higher.

- Date: 2026-10-22 · published 2026-10-22T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/17160-russia-s-promise-to-resume-negotiations-with-ukraine-led-to-a-speculative-2-5
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

A possible ceasefire could free large Russian and Ukrainian wheat volumes that are currently stalled, which would weigh on world wheat prices. Traders are pricing that risk premium out, though the market remains sensitive to any breakdown in talks.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-02-11 | [Ukraine's Decreased Grain Production Creates Opportunities for Russia](https://feedsoft.ai/events/14231-ukraine-s-decreased-grain-production-creates-opportunities-for-russia.md) | +2.0% | -3.0% |
| WHEAT | 2021-02-21 | [Ukraine, Russia ink deal to export grain on Black Sea](https://feedsoft.ai/events/48492-ukraine-russia-ink-deal-to-export-grain-on-black-sea.md) | +0.7% | -0.7% |
| WHEAT | 2022-05-25 | [Russia ready to set up corridor for ships leaving Ukraine with food, with conditions \| Reuters](https://feedsoft.ai/events/14489-russia-ready-to-set-up-corridor-for-ships-leaving-ukraine-with-food-with.md) | -1.3% | -3.0% |
| WHEAT | 2023-05-18 | [Russia agrees to extend Ukraine grain deal in a boost for global food security \| AP News](https://feedsoft.ai/events/14393-russia-agrees-to-extend-ukraine-grain-deal-in-a-boost-for-global-food-security.md) | -1.2% | -6.5% |
| WHEAT | 2023-05-17 | [What are the deals on Ukraine, Russia grain exports? \| Reuters](https://feedsoft.ai/events/14390-what-are-the-deals-on-ukraine-russia-grain-exports-reuters.md) | -1.4% | -6.9% |
| KWHEAT | 2022-07-14 | [Wheat, soybeans fall on expectations of progress in Ukraine shipping talks - Supply Chain Council of European Union \| Scceu.org](https://feedsoft.ai/events/5976-wheat-soybeans-fall-on-expectations-of-progress-in-ukraine-shipping-talks.md) | +0.4% | +0.6% |
| KWHEAT | 2022-05-26 | [Wheat continues to fall in price on the news of a possible unblocking of Ukrainian ports 26.05.2022 - UkrAgroConsult](https://feedsoft.ai/events/41432-wheat-continues-to-fall-in-price-on-the-news-of-a-possible-unblocking-of.md) | -7.3% | -19.5% |
| KWHEAT | 2022-11-01 | [Wheat futures tumble after Russia rejoins Black Sea grain corridor deal - Fastmarkets](https://feedsoft.ai/events/7290-wheat-futures-tumble-after-russia-rejoins-black-sea-grain-corridor-deal.md) | -2.2% | -7.9% |

## Sources

- tridge.com: https://www.tridge.com/news/russias-promise-to-resume-negotiations-with--bpxvztqg

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