# 1-31 March 2021 | Logistic OS

> Russian grain exports through its ports fell sharply in March 2021 after export duties took effect in February and March. Wheat shipments were 67% below March 2020, while corn and barley rose year on year. Analysts expect the decline to continue in April as Russian wheat becomes less competitive and Russia may enter the new season with large wheat stocks.

- Date: 2021-03-31 · published 2021-03-31T12:00:00.000Z
- Category: policy · region Russia · magnitude medium
- Page: https://feedsoft.ai/events/47993-1-31-march-2021-logistic-os
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Lower Russian wheat exports tighten global wheat supply and support export prices, although large carry-in stocks could cap the rally. Buyers should expect firmer wheat offers from the Black Sea while Russian sales stay weak.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-05-31 | [Grain market review: Oilseeds May 2021](https://feedsoft.ai/events/47204-grain-market-review-oilseeds-may-2021.md) | -2.0% | -3.9% |
| WHEAT | 2021-02-04 | [News Archives for Markets - 2021-02-04 - Business Recorder](https://feedsoft.ai/events/9449-news-archives-for-markets-2021-02-04-business-recorder.md) | -0.2% | +11.9% |
| WHEAT | 2021-02-05 | [Daily Market Wire 5 February 2021 - Grain Central](https://feedsoft.ai/events/9448-daily-market-wire-5-february-2021-grain-central.md) | +0.1% | +12.2% |
| WHEAT | 2020-12-24 | [Estimates predict 50% larger wheat crop in 2021 - McCreath Simpson & Prentice](https://feedsoft.ai/events/49593-estimates-predict-50-larger-wheat-crop-in-2021-mccreath-simpson-and-prentice.md) | +0.4% | +6.1% |
| WHEAT | 2019-01-18 | [Grain market week in review – Jan. 18, 2019](https://feedsoft.ai/events/7655-grain-market-week-in-review-jan-18-2019.md) | +3.4% | +2.2% |

## Sources

- logisticos.org: https://logisticos.org/news/2021/04/1840

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