# Russian State of Emergency Prompts Grains Rally | CZ app

> Russia declared a state of emergency in its grain-growing regions after frosts, which are likely to damage the wheat crop. The declaration lifted grain prices across the board following a bullish May WASDE. Analysts said the market had already priced in much of the risk and the scale of damage was still unknown.

- Date: 2024-05-13 · published 2024-05-13T12:00:00.000Z
- Category: weather · region Black Sea · magnitude high
- Page: https://feedsoft.ai/events/30217-russian-state-of-emergency-prompts-grains-rally-cz-app
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Russian wheat losses reduce Black Sea export supply and push up world wheat prices, which raises feed grain costs. Corn and other feed grains often follow wheat higher as substitutes.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-07-16 | [Prices rally as Russian crop reduces: Grain market daily \| AHDB](https://feedsoft.ai/events/46105-prices-rally-as-russian-crop-reduces-grain-market-daily-ahdb.md) | +0.1% | -0.4% |
| WHEAT | 2026-07-14 | [Corn Leads Grain Rally on July WASDE Surprise \| CZ app](https://feedsoft.ai/events/18278-corn-leads-grain-rally-on-july-wasde-surprise-cz-app.md) | +4.5% | +1.1% |
| WHEAT | 2020-10-08 | [Wheat price rally fuelled by Russia - Grain Central](https://feedsoft.ai/events/11635-wheat-price-rally-fuelled-by-russia-grain-central.md) | +0.0% | -0.6% |
| WHEAT | 2024-04-16 | [Horizons #99 Ukrainian grain exports: the state of play – Australian Export Grains Innovation Centre](https://feedsoft.ai/events/14311-horizons-99-ukrainian-grain-exports-the-state-of-play-australian-export-grains.md) | -0.6% | +2.0% |
| WHEAT | 2024-09-25 | [U.S. grains: Wheat turns higher on Russia weather worries; soy, corn also rally - Grainews](https://feedsoft.ai/events/5609-u-s-grains-wheat-turns-higher-on-russia-weather-worries-soy-corn-also-rally.md) | +0.9% | -6.0% |
| CORN | 2021-10-26 | [Grains: Risk of a La Niña \| CZ app](https://feedsoft.ai/events/44484-grains-risk-of-a-la-nina-cz-app.md) | +8.0% | +9.6% |
| CORN | 2021-07-16 | [Prices rally as Russian crop reduces: Grain market daily \| AHDB](https://feedsoft.ai/events/46105-prices-rally-as-russian-crop-reduces-grain-market-daily-ahdb.md) | -0.1% | -1.0% |
| CORN | 2026-07-14 | [Corn Leads Grain Rally on July WASDE Surprise \| CZ app](https://feedsoft.ai/events/18278-corn-leads-grain-rally-on-july-wasde-surprise-cz-app.md) | +2.0% | -0.6% |

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/russian-state-of-emergency-prompts-grains-rally/

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