# Russia-Ukraine conflict highlights wheat supply vulnerability

> Reuters reports on the Russia-Ukraine conflict highlighting the vulnerability of global wheat supply. The excerpt notes that buffer stocks play a role and that the supply balance is very difficult.

- Date: 2022-03-03 · published 2022-03-03T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/42306-russia-ukraine-conflict-highlights-wheat-supply-vulnerability
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Concern about lost Black Sea wheat exports supports global wheat prices as importers seek alternative origins and buffer stocks shrink.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-04-27 | [US wheat prices surge in wake of Russia-Ukraine conflict - High Plains Journal](https://feedsoft.ai/events/41903-us-wheat-prices-surge-in-wake-of-russia-ukraine-conflict-high-plains-journal.md) | -1.9% | +0.9% |
| WHEAT | 2022-01-21 | [How a Russian-Ukraine conflict might hit global markets](https://feedsoft.ai/events/14513-how-a-russian-ukraine-conflict-might-hit-global-markets.md) | +0.5% | -1.6% |
| WHEAT | 2022-02-28 | [Wheat Continues Surge on Black Sea Supply Concerns as Ukraine-Russia Crisis Continues](https://feedsoft.ai/events/42754-wheat-continues-surge-on-black-sea-supply-concerns-as-ukraine-russia-crisis.md) | +12.1% | +26.0% |
| WHEAT | 2022-03-02 | [Wheat Prices Shoot to 14-Year High on Concerns over Conflict Between Russia and Ukraine - AgWeb](https://feedsoft.ai/events/42324-wheat-prices-shoot-to-14-year-high-on-concerns-over-conflict-between-russia-and.md) | +6.9% | +20.3% |
| WHEAT | 2022-02-25 | [Rabobank commentary: Implications of Russia Ukraine conflict for Australian wheat](https://feedsoft.ai/events/42756-rabobank-commentary-implications-of-russia-ukraine-conflict-for-australian-wheat.md) | +9.4% | +23.7% |
| KWHEAT | 2022-04-27 | [US wheat prices surge in wake of Russia-Ukraine conflict - High Plains Journal](https://feedsoft.ai/events/41903-us-wheat-prices-surge-in-wake-of-russia-ukraine-conflict-high-plains-journal.md) | -6.6% | +6.9% |
| KWHEAT | 2022-03-02 | [Wheat Prices Shoot to 14-Year High on Concerns over Conflict Between Russia and Ukraine - AgWeb](https://feedsoft.ai/events/42324-wheat-prices-shoot-to-14-year-high-on-concerns-over-conflict-between-russia-and.md) | +17.2% | +1.2% |
| KWHEAT | 2026-09-23 | [Wheat buyers brace for higher costs as Russia-Ukraine war drags on \| Reuters](https://feedsoft.ai/events/9691-wheat-buyers-brace-for-higher-costs-as-russia-ukraine-war-drags-on-reuters.md) | -3.7% | -8.8% |

## Sources

- reuters.com: https://www.reuters.com/business/russia-ukraine-conflict-highlights-wheat-supply-vulnerability-2022-03-03/

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