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US wheat export shipments fell 21.8% week-on-week to 240.3 thousand tons in the October 8–15 period, down 51.3% year-on-year, and cumulative 2026/27 exports are 64.4% below last year's pace. Chicago SRW, Kansas City HRW and Minneapolis HRS futures all declined over the week, while Euronext December wheat held near €243.5/t.
Weak US export demand is pressuring global wheat prices and spilling into Ukrainian and EU quotations, though EU firmness from smaller corn crops limits the downside there. Buyers should expect cheap US wheat to remain a competitive feed alternative to corn.
ukragroconsult.comOct 20, 2026After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.
After 82 past bearish trade events, Wheat (HRW) moved a median -0.3% over 5 sessions (48% higher; middle half -2.8% to +1.9%), and +0.1% over 20.
After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), 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.
