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A University of Missouri economist says wheat markets have been hesitant amid Black Sea uncertainty and progress toward a Russia-Ukraine security deal. He also cited ongoing U.S. tariff threats as additional pressure on prices.
A Black Sea deal would likely lower freight costs and make Russian wheat more competitive, which is bearish for global wheat prices, while tariff uncertainty weighs on export demand.
brownfieldagnews.comBrent BarnettMar 27, 2025After 80 past bearish geopolitics events, Wheat (SRW) moved a median -0.4% over 5 sessions (44% higher; middle half -1.4% to +1.9%), and -0.5% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
