# Wheat Futures Tumble as Export Buyers Rocked by War in Iran -- Daily Grain Highlights | MarketScreener Hong Kong

> CBOT May wheat fell 1.7% to $5.93 a bushel on March 10 as traders focused on the loss of Middle East import demand after the Iran war. Corn was unchanged and soybeans rose 0.6%, while the March WASDE produced few changes to domestic balance sheets.

- Date: 2026-03-10 · published 2026-03-10T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude low
- Page: https://feedsoft.ai/events/20215-wheat-futures-tumble-as-export-buyers-rocked-by-war-in-iran-daily-grain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Disruption to Middle East wheat buying is a bearish export demand signal, though broader grain prices were mixed and the WASDE had little impact.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 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) | +7.3% | +7.7% |
| 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 | 2026-08-18 | [Problems with Russian Black Sea exports are starting to pressure Central Asian grain markets](https://feedsoft.ai/events/17992-problems-with-russian-black-sea-exports-are-starting-to-pressure-central-asian.md) | +0.4% | +3.8% |
| WHEAT | 2026-06-17 | [Wheat markets shrug off US-Iran deal as freight, harvests take focus \| S&P Global](https://feedsoft.ai/events/16848-wheat-markets-shrug-off-us-iran-deal-as-freight-harvests-take-focus-s-and-p.md) | -1.6% | -1.9% |
| WHEAT | 2022-10-11 | [CBOT Wheat Futures Slide Amid Worries Over Black Sea Grain Trade](https://feedsoft.ai/events/5086-cbot-wheat-futures-slide-amid-worries-over-black-sea-grain-trade.md) | +3.1% | +4.3% |
| CORN | 2018-12-01 | [Keeping an eye on Argentina for direction — This week in the grain markets - RealAgriculture](https://feedsoft.ai/events/61634-keeping-an-eye-on-argentina-for-direction-this-week-in-the-grain-markets.md) | +6.8% | +8.4% |
| CORN | 2024-06-22 | [How Russia Exports Ukrainian Grain As Its Own: An Investigation](https://feedsoft.ai/events/14290-how-russia-exports-ukrainian-grain-as-its-own-an-investigation.md) | -7.2% | -5.0% |
| CORN | 2025-02-14 | [Wheat, the Dog of the Grain Complex, Rallies to New Highs for the Move - AgWeb](https://feedsoft.ai/events/26092-wheat-the-dog-of-the-grain-complex-rallies-to-new-highs-for-the-move-agweb.md) | +1.4% | -6.6% |

## Sources

- hk.marketscreener.com: https://hk.marketscreener.com/news/wheat-futures-tumble-as-export-buyers-rocked-by-war-in-iran-daily-grain-highlights-ce7e5fdfdd80ff23

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