# ADMISI London Wheat Report | ICE Feed Wheat Market Update

> London wheat broke below £200 per tonne on heavy volume, with Nov-26 falling to £195.75. Matif December wheat dropped €8 to €233 on very large volume, and CBOT December SRW hit an 11-week low after a five-day losing streak. The selling followed Kremlin confirmation that Putin agreed in principle to resume trilateral talks after November 10.

- Date: 2026-10-22 · published 2026-10-22T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/17162-admisi-london-wheat-report-ice-feed-wheat-market-update
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Traders are unwinding geopolitical risk premiums because a ceasefire could release Black Sea wheat supplies. Weak US export demand and southern hemisphere harvest pressure reinforce the downside, though Black Sea risks remain unresolved.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-11-02 | [Grain export corridor update, Russia resumes: Grain market daily \| AHDB](https://feedsoft.ai/events/7737-grain-export-corridor-update-russia-resumes-grain-market-daily-ahdb.md) | +6.5% | +7.6% |
| WHEAT | 2022-03-29 | [Wheat: Prices fall on peace talks, low demand \| Latest Market News](https://feedsoft.ai/events/42308-wheat-prices-fall-on-peace-talks-low-demand-latest-market-news.md) | -9.0% | -3.6% |
| WHEAT | 2026-10-28 | [Wheat prices fall as global supply weighs on markets - Farmers Weekly](https://feedsoft.ai/events/443-wheat-prices-fall-as-global-supply-weighs-on-markets-farmers-weekly.md) | +0.2% | — |
| WHEAT | 2026-10-28 | [Barley Market Update: Black Sea Talks Cap Prices, EU Sowing Mixed — CMB News](https://feedsoft.ai/events/484-barley-market-update-black-sea-talks-cap-prices-eu-sowing-mixed-cmb-news.md) | +0.2% | — |
| WHEAT | 2026-03-10 | [Wheat Futures Tumble as Export Buyers Rocked by War in Iran -- Daily Grain Highlights \| MarketScreener Hong Kong](https://feedsoft.ai/events/20215-wheat-futures-tumble-as-export-buyers-rocked-by-war-in-iran-daily-grain.md) | -1.3% | -1.1% |

## Sources

- admisi.com: https://www.admisi.com/admisi-london-wheat-report-for-21-november/

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