Black Sea wheat sharply lower on new crop prospects, Russian farmers hope that the tax will be lifted in 2021

After 122 past bearish policy events, Wheat (SRW) moved a median -0.3% over 5 sessions (44% higher; middle half -1.9% to +1.2%), and +0.4% over 20.

• Jul 26, 2026Global wheat rally revives India's export prospects as government allows 5 million tonnes of wheat exports after a four-year ban - The Economic Times-2.4%
• Jun 29, 2026Russia Extends Zero Wheat Export Duties, Pressuring Black Sea and Polish Grain Prices — CMB News+0.6%
• Oct 20, 2026Government lifts ban on wheat exports, cites farmers’ interests amid depressed local prices – Waqt Di Awaz-0.7%
• Jan 7, 2023PMGKAY off the table, Govt looks at a rethink on wheat export ban | India News - The Indian Express-2.6%
• Nov 10, 2017India's wheat import tariff weighs on prices for Black+0.9%

After 15 past bearish policy events, Wheat (HRW) moved a median -1.6% over 5 sessions (40% higher; middle half -3.7% to +3.1%), and +3.1% over 20.

• Jul 26, 2026Global wheat rally revives India's export prospects as government allows 5 million tonnes of wheat exports after a four-year ban - The Economic Times-5.1%
• Feb 13, 2026India Relaxes Wheat Export Curbs to Appease Protesting Farmers - Bloomberg+3.3%
• Jul 10, 2025Russia orders measures to boost agriculture exports after wheat sales fall in July+3.4%
• Nov 19, 2025Exclusive: Ukraine will not limit wheat exports in 2025/26, says deputy minister | Reuters-2.5%
• Feb 13, 2026After 4 years, India allows wheat export | India News - The Indian Express+3.3%