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Brazil made its first purchase of US soft red winter wheat in 2026, with Bunge buying about 15,000 tonnes to meet Mondelez's needs. The deal followed a Brazilian trade delegation visit to Ohio.
US exporters say Russian wheat is undercutting them on price.
A modest US export sale is supportive for SRW demand, but Russian price competition limits upside for US wheat export prices.
ukragroconsult.comOct 31, 2026After 431 past bullish trade events, WHEAT moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
