# Black Sea conflict boosts wheat prices in Southeast Asia, Australia | S&P Global

> Platts assessed Australian Premium White wheat FOB at $296/mt and Standard White at $276/mt on July 20, 2023, up $3-4/mt day on day. Black Sea feed wheat offers into Southeast Asia rose $10/mt, and Chicago September wheat closed up 57 cents at 727.50 cents/bushel on July 19.

- Date: 2023-07-20 · published 2023-07-20T12:00:00.000Z
- Category: geopolitics · region Asia-Pacific · magnitude medium
- Page: https://feedsoft.ai/events/35106-black-sea-conflict-boosts-wheat-prices-in-southeast-asia-australia-s-and-p
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Firmer Black Sea and Australian offers and rising CBOT prices lift Asian wheat import costs. Buyers in Southeast Asia may face higher feed wheat prices while Black Sea demand tapers.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-08-27 | [Egypt faces wheat supply crunch as Black Sea conflict escalates \| S&P Global](https://feedsoft.ai/events/16777-egypt-faces-wheat-supply-crunch-as-black-sea-conflict-escalates-s-and-p-global.md) | +4.0% | +7.1% |
| WHEAT | 2026-10-28 | [Wheat Prices Surge: Black Sea Conflict and Production Data (2026)](https://feedsoft.ai/events/447-wheat-prices-surge-black-sea-conflict-and-production-data-2026.md) | +0.2% | — |
| WHEAT | 2024-05-21 | [Wheat prices soar as Black Sea crop causes concern \| Dry Bulk](https://feedsoft.ai/events/4594-wheat-prices-soar-as-black-sea-crop-causes-concern-dry-bulk.md) | -7.2% | -10.5% |
| WHEAT | 2026-09-02 | [Black Sea disruptions push wheat to record high; Australia, North America demand up \| S&P Global](https://feedsoft.ai/events/12753-black-sea-disruptions-push-wheat-to-record-high-australia-north-america-demand.md) | +1.0% | +0.0% |
| WHEAT | 2026-08-20 | [FACTBOX: Black Sea grain trade strained by escalating Russia-Ukraine conflict \| S&P Global](https://feedsoft.ai/events/14090-factbox-black-sea-grain-trade-strained-by-escalating-russia-ukraine-conflict-s.md) | -1.3% | +3.3% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/072023-black-sea-conflict-boosts-wheat-prices-in-southeast-asia-australia

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