# Further escalation of the war on the part of the Russia increases wheat prices 29.09.2022 - UkrAgroConsult

> Wheat prices rose 5-8% in the week before September 29 as Russia moved to annex occupied Ukrainian territories after disputed referendums. CBOT, KC and Euronext December wheat futures all gained, and rains delayed winter wheat sowing in Ukraine and Russia. Putin is expected to announce annexation at the start of October.

- Date: 2022-09-29 · published 2022-09-29T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude high
- Page: https://feedsoft.ai/events/39651-further-escalation-of-the-war-on-the-part-of-the-russia-increases-wheat-prices
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Escalating conflict raises the risk of Black Sea supply disruption and nuclear escalation, keeping wheat prices elevated and raising feed grain costs.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-10-31 | [Wheat Surges as Russia Warns on Ship Safety After Ditching Deal 31.10.2022 - UkrAgroConsult](https://feedsoft.ai/events/39034-wheat-surges-as-russia-warns-on-ship-safety-after-ditching-deal-31-10-2022.md) | -5.6% | +2.4% |
| WHEAT | 2022-02-24 | [AgriMarketing.com - Wheat Prices Soar Following Russia's Invasion Of Ukraine](https://feedsoft.ai/events/42753-agrimarketing-com-wheat-prices-soar-following-russia-s-invasion-of-ukraine.md) | +6.8% | +25.3% |
| WHEAT | 2022-01-27 | [Russia-Ukraine rift risks 13pc of global grain exports 27.01.2022 - UkrAgroConsult](https://feedsoft.ai/events/14518-russia-ukraine-rift-risks-13pc-of-global-grain-exports-27-01-2022-ukragroconsult.md) | -2.1% | +1.0% |
| 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 | 2022-01-31 | [Russia-Ukraine Tensions Drive Global Wheat Prices Higher](https://feedsoft.ai/events/43173-russia-ukraine-tensions-drive-global-wheat-prices-higher.md) | -1.7% | +0.5% |
| KWHEAT | 2022-02-24 | [AgriMarketing.com - Wheat Prices Soar Following Russia's Invasion Of Ukraine](https://feedsoft.ai/events/42753-agrimarketing-com-wheat-prices-soar-following-russia-s-invasion-of-ukraine.md) | +17.5% | +21.7% |
| KWHEAT | 2022-01-31 | [Russia-Ukraine Tensions Drive Global Wheat Prices Higher](https://feedsoft.ai/events/43173-russia-ukraine-tensions-drive-global-wheat-prices-higher.md) | -2.1% | +18.9% |
| 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

- ukragroconsult.com: https://ukragroconsult.com/en/news/further-escalation-of-the-war-on-the-part-of-the-russia-increases-wheat-prices/

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