# Russia's grain policies help Ukraine secure sales

> Russia was kept out of an Egyptian wheat tender sale, which went to Ukrainian suppliers, due to unofficial policies aimed at preventing a domestic price spike. Russia is the world's top wheat exporter and Egypt's main supplier.

- Date: 2024-11-06 · published 2024-11-06T12:00:00.000Z
- Category: trade · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/27446-russia-s-grain-policies-help-ukraine-secure-sales
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Russia withholding exports from key buyers like Egypt shifts sales to Ukraine and tightens global wheat trade flows, a modestly supportive factor for world wheat prices.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-04-04 | [News from Russia and Ukraine](https://feedsoft.ai/events/71361-news-from-russia-and-ukraine.md) | +0.2% | +4.1% |
| WHEAT | 2017-04-25 | [News from Russia and Ukraine](https://feedsoft.ai/events/71358-news-from-russia-and-ukraine.md) | +3.6% | +2.1% |
| WHEAT | 2017-03-28 | [News from Russia and Ukraine](https://feedsoft.ai/events/71837-news-from-russia-and-ukraine.md) | +0.5% | +1.2% |
| WHEAT | 2025-08-27 | [Grain shipments from Russia and Ukraine have halved \| World Ports Organization](https://feedsoft.ai/events/14182-grain-shipments-from-russia-and-ukraine-have-halved-world-ports-organization.md) | +0.1% | -0.9% |
| WHEAT | 2018-09-25 | [Russian Grain Exports Slowed](https://feedsoft.ai/events/62870-russian-grain-exports-slowed.md) | +1.8% | +8.0% |
| KWHEAT | 2018-09-25 | [Russian Grain Exports Slowed](https://feedsoft.ai/events/62870-russian-grain-exports-slowed.md) | -3.3% | -4.0% |
| KWHEAT | 2023-03-29 | [U.S. grains: Wheat up on Cargill's Russia decision - AgCanada](https://feedsoft.ai/events/5080-u-s-grains-wheat-up-on-cargill-s-russia-decision-agcanada.md) | 0.0% | -9.1% |
| KWHEAT | 2019-08-13 | [Russia expanding supply footprint - Grain Central](https://feedsoft.ai/events/57477-russia-expanding-supply-footprint-grain-central.md) | -0.3% | -2.6% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/russias-grain-policies-help-ukraine-secure-sales-2024-11-06/

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