# AgriMarketing.com - Wheat Prices Soar Following Russia's Invasion Of Ukraine

> Kansas City March hard red winter wheat closed near $9.14 per bushel, up about 32 cents, and Minneapolis spring wheat rose to $10.01 after Russia's invasion of Ukraine. Analysts noted the Russia-Ukraine region supplies about 29% of global wheat exports.

- Date: 2022-02-24 · published 2022-02-24T12:00:00.000Z
- Category: geopolitics · region US · magnitude high
- Page: https://feedsoft.ai/events/42753-agrimarketing-com-wheat-prices-soar-following-russia-s-invasion-of-ukraine
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Concern over disrupted Black Sea wheat exports is driving sharp gains in US wheat futures, raising feed grain costs for buyers.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2022-04-27 | [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 | 2026-07-16 | [Russia and Ukraine strike vessels in Black Sea, wheat prices jump](https://feedsoft.ai/events/7279-russia-and-ukraine-strike-vessels-in-black-sea-wheat-prices-jump.md) | +6.0% | +0.1% |
| KWHEAT | 2022-03-02 | [Wheat Futures Price Soars to 14-Year High as Russia Invasion Chokes Trade - Bloomberg](https://feedsoft.ai/events/42310-wheat-futures-price-soars-to-14-year-high-as-russia-invasion-chokes-trade.md) | +17.2% | +1.2% |
| 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% |
| 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 | 2022-03-23 | [How Russia's invasion of Ukraine rocked commodity markets](https://feedsoft.ai/events/6242-how-russia-s-invasion-of-ukraine-rocked-commodity-markets.md) | +1.3% | -9.2% |
| 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% |

## Sources

- agrimarketing.com: https://www.agrimarketing.com/s/139922

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