# Russia’s wheat exports to Egypt: Why shipping costs are rising despite lower prices

> Freight quotes from Russian ports to Egypt more than tripled in nine days, rising to $70 per tonne by August 20. Russian wheat fell $9 to $215 per tonne over the same period, so the delivered cost to Egypt rose about 16-17%.

- Date: 2026-08-25 · published 2026-08-25T12:00:00.000Z
- Category: logistics · region Egypt · magnitude medium
- Page: https://feedsoft.ai/events/18113-russia-s-wheat-exports-to-egypt-why-shipping-costs-are-rising-despite-lower
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Higher ocean freight and war-risk insurance raise the delivered price of Black Sea wheat even as the FOB price falls. This keeps Egyptian import costs high and supports wheat values in the delivered market.

## Read by commodity

- WHEAT: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-08-08 | [After attacking Ukraine wheat exports, Russia faces own shipping challenge \| Reuters](https://feedsoft.ai/events/14369-after-attacking-ukraine-wheat-exports-russia-faces-own-shipping-challenge.md) | -1.2% | -8.0% |
| WHEAT | 2022-10-31 | [Despite Russia's Black Sea Decision, Grain Still Shipping Out of Ukrainian Ports Monday](https://feedsoft.ai/events/14451-despite-russia-s-black-sea-decision-grain-still-shipping-out-of-ukrainian-ports.md) | -5.6% | +2.4% |
| WHEAT | 2022-03-09 | [Explainer: India's wheat exports surge as world prices soar \| Reuters](https://feedsoft.ai/events/42246-explainer-india-s-wheat-exports-surge-as-world-prices-soar-reuters.md) | -3.1% | +3.6% |
| WHEAT | 2018-06-28 | [Russia Taps Smaller Ports to Keep Up Record Wheat Export Pace - Bloomberg](https://feedsoft.ai/events/64375-russia-taps-smaller-ports-to-keep-up-record-wheat-export-pace-bloomberg.md) | -4.2% | +0.8% |
| WHEAT | 2018-07-06 | [Russia resorts to ship-to-ship transfer to deal with increased grain export — RealnoeVremya.com](https://feedsoft.ai/events/63886-russia-resorts-to-ship-to-ship-transfer-to-deal-with-increased-grain-export.md) | -1.6% | +3.9% |

## Sources

- thecairoreport.substack.com: https://thecairoreport.substack.com/p/russia-ukraine-wheat-exports-to-egypt

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