# Record wheat exports from Russia increases pressure on prices

> Russian wheat exports are at a record pace as shipments are rushed ahead of new export fees. Russian supply draws business away from US and EU wheat, and US and European wheat futures fell in early February.

- Date: 2021-02-02 · published 2021-02-02T12:00:00.000Z
- Category: trade · region Russia · magnitude medium
- Page: https://feedsoft.ai/events/48490-record-wheat-exports-from-russia-increases-pressure-on-prices
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

A heavy Russian export pace adds supply to world markets and pressures wheat prices, including US hard red and soft red wheat.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-10-20 | [Weak demand for US wheat increases price pressure on Ukrainian and EU markets](https://feedsoft.ai/events/458-weak-demand-for-us-wheat-increases-price-pressure-on-ukrainian-and-eu-markets.md) | -0.7% | — |
| WHEAT | 2022-12-07 | [Wheat prices touch 14-month low on surging Russian exports - Nikkei Asia](https://feedsoft.ai/events/6645-wheat-prices-touch-14-month-low-on-surging-russian-exports-nikkei-asia.md) | +10.0% | +8.7% |
| WHEAT | 2025-09-23 | [Russia’s wheat exports from Black Sea ports fall to 460kt](https://feedsoft.ai/events/14174-russia-s-wheat-exports-from-black-sea-ports-fall-to-460kt.md) | -0.2% | +1.8% |
| WHEAT | 2021-11-22 | [Russian wheat exports on the rise - The Sizov Report blog](https://feedsoft.ai/events/14532-russian-wheat-exports-on-the-rise-the-sizov-report-blog.md) | -0.1% | -3.6% |
| WHEAT | 2017-01-06 | [Exports pressure U.S. corn, soybeans; wheat eases on profit-taking - Jamestown Sun \| News, weather, sports from Jamestown North Dakota](https://feedsoft.ai/events/73050-exports-pressure-u-s-corn-soybeans-wheat-eases-on-profit-taking-jamestown-sun.md) | +1.9% | +3.5% |
| KWHEAT | 2026-10-20 | [Weak demand for US wheat increases price pressure on Ukrainian and EU markets](https://feedsoft.ai/events/458-weak-demand-for-us-wheat-increases-price-pressure-on-ukrainian-and-eu-markets.md) | -4.6% | — |
| KWHEAT | 2022-12-07 | [Wheat prices touch 14-month low on surging Russian exports - Nikkei Asia](https://feedsoft.ai/events/6645-wheat-prices-touch-14-month-low-on-surging-russian-exports-nikkei-asia.md) | +4.4% | -0.7% |
| KWHEAT | 2018-11-20 | [Wheat price held hostage to pace of Russian exports - Farmers Weekly](https://feedsoft.ai/events/62094-wheat-price-held-hostage-to-pace-of-russian-exports-farmers-weekly.md) | -3.3% | +7.2% |

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/rekordnij-eksport-pshenitci-z-rosii-posilyue-tisk-na-tcini.html

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