# Rabo ups wheat price forecasts amid Ukraine export fears, lifts robusta hopes too - Grain Price News

> Rabobank raised its wheat price forecasts over concerns that the UN-brokered Ukraine grain export deal, which lapses in November, could crumble. Russia's top-exporter harvest is reported at a record 100 million tonnes, but the bank flagged risks of further escalation. It also warned of recession risk weighing on commodity demand.

- Date: 2022-09-30 · published 2022-09-30T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/39632-rabo-ups-wheat-price-forecasts-amid-ukraine-export-fears-lifts-robusta-hopes
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Expected disruption to Black Sea exports and a possible deal lapse would tighten world wheat supply and lift wheat prices.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-03-21 | [Insight: Wheat prices soar on Ukraine fears, but U.S. growers can't cash in \| Reuters](https://feedsoft.ai/events/6240-insight-wheat-prices-soar-on-ukraine-fears-but-u-s-growers-can-t-cash-in-reuters.md) | +15.8% | +5.9% |
| WHEAT | 2022-07-25 | [Wheat prices rise as missile strike threatens Ukraine export pact](https://feedsoft.ai/events/40525-wheat-prices-rise-as-missile-strike-threatens-ukraine-export-pact.md) | -9.5% | -0.1% |
| WHEAT | 2023-07-20 | [Wheat prices soar as Russia-Ukraine tensions stoke food crisis fears](https://feedsoft.ai/events/35082-wheat-prices-soar-as-russia-ukraine-tensions-stoke-food-crisis-fears.md) | -0.7% | -1.3% |
| WHEAT | 2022-02-24 | [The price of wheat has jumped to its highest level since 2012 amid Russia's invasion of Ukraine \| Fortune](https://feedsoft.ai/events/9676-the-price-of-wheat-has-jumped-to-its-highest-level-since-2012-amid-russia-s.md) | +6.8% | +25.3% |
| WHEAT | 2022-02-23 | [Winter Wheat Prices Touch 9-Year High on Russia, Ukraine Fears - Bloomberg](https://feedsoft.ai/events/42748-winter-wheat-prices-touch-9-year-high-on-russia-ukraine-fears-bloomberg.md) | +6.4% | +26.3% |
| KWHEAT | 2022-07-25 | [Wheat prices rise as missile strike threatens Ukraine export pact](https://feedsoft.ai/events/40525-wheat-prices-rise-as-missile-strike-threatens-ukraine-export-pact.md) | +6.6% | +3.0% |
| KWHEAT | 2023-07-20 | [Wheat prices soar as Russia-Ukraine tensions stoke food crisis fears](https://feedsoft.ai/events/35082-wheat-prices-soar-as-russia-ukraine-tensions-stoke-food-crisis-fears.md) | -0.2% | -14.3% |
| KWHEAT | 2022-02-23 | [Winter Wheat Prices Touch 9-Year High on Russia, Ukraine Fears - Bloomberg](https://feedsoft.ai/events/42748-winter-wheat-prices-touch-9-year-high-on-russia-ukraine-fears-bloomberg.md) | +14.8% | +26.6% |

## Sources

- grainpricenews.com: https://grainpricenews.com/2022/09/30/rabo-ups-wheat-price-forecast-amid-ukraine-export-fears-lifts-robusta-hopes-too/

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