Barley and corn tax hike revives demand for wheat exports from Russia: Refinitiv Agriculture

After 182 past bullish policy events, Wheat (SRW) moved a median +0.1% over 5 sessions (52% higher; middle half -1.9% to +1.4%), and -0.3% over 20.

• Jan 29, 2020Russian wheat export forecast cut on weak pace and low crop - The Sizov Report blog-0.4%
• Dec 24, 2019Argentina raise taxes on corn, wheat and soybean exports | Farm Online | ACT+0.6%
• Mar 16, 2021Consequences of state regulation of Russian wheat exports+0.8%
• Oct 2, 2026US and China Unveil $30 Billion Tariff-Cut Framework for Agricultural Exports - Beijing Post-3.2%
• Nov 14, 2025Centre warms up to allowing wheat product exports with quantitative curb | Agriculture - Business Standard+1.4%

After 310 past bearish policy events, Corn moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.6% over 20.

• Jun 25, 2025NDSU report projects rising export costs for U.S. agriculture under new port fees+2.3%
• Feb 9, 2022Activists push for Mexico’s GM corn ban to include imports | Agriculture News | Al Jazeera+0.5%
• Oct 1, 2024Trade Policy Shifts and Their Potential Implications for U.S. Agricultural Exports+0.2%
• Dec 9, 2025Milei Is Cutting Export Taxes on Argentine Soy, Corn and Wheat - Bloomberg+0.1%
• Feb 20, 2025Corn Markets Under Pressure – Profit-Taking and Argentina’s Export Tax Cut Weigh on Prices - Commodity Board Europe is an independent commodity market intelligence platform providing global production data, price insights and market analysis for agricultural and food commodities.-5.1%

Not enough comparable past events yet for a historical read.