# Daily Market Wire 27 March 2023 - Grain Central

> Chicago, Kansas and Minneapolis wheat, along with MATIF wheat, rallied sharply after a Russian newspaper reported Moscow was considering a temporary halt to wheat and sunflower exports. Later, sources said Russia had no plans to halt wheat exports but wanted minimum export prices.

- Date: 2023-03-26 · published 2023-03-26T12:00:00.000Z
- Category: trade · region Russia · magnitude high
- Page: https://feedsoft.ai/events/5084-daily-market-wire-27-march-2023-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Possible Russian export curbs threaten supply from a leading exporter, so the report lifted wheat and related oilseed prices sharply.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- KWHEAT: bullish ▲
- CANMEAL: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WHEAT | 2023-03-27 | 1 | +7.1% | 7.5 | Russian newspaper report of a possible temporary wheat export halt, published ahead of the 27 March session, is the most direct trigger for the sharp rally across Chicago, Kansas and MATIF wheat, even though it was later walked back. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-03-12 | [Daily Market Wire 13 March 2019 - Grain Central](https://feedsoft.ai/events/10671-daily-market-wire-13-march-2019-grain-central.md) | +3.6% | +2.6% |
| WHEAT | 2025-11-04 | [Daily Market Wire 4 November 2025 - Grain Central](https://feedsoft.ai/events/6939-daily-market-wire-4-november-2025-grain-central.md) | -3.7% | -1.2% |
| WHEAT | 2021-09-15 | [Daily Market Wire 16 September 2021 - Grain Central](https://feedsoft.ai/events/12294-daily-market-wire-16-september-2021-grain-central.md) | -3.8% | +4.6% |
| WHEAT | 2026-07-16 | [Feedgrain Focus: Offshore heat kicks local market - Grain Central](https://feedsoft.ai/events/5068-feedgrain-focus-offshore-heat-kicks-local-market-grain-central.md) | +4.0% | -0.0% |
| WHEAT | 2017-05-17 | [China the hero market for Australian barley and wheat - Grain Central](https://feedsoft.ai/events/71077-china-the-hero-market-for-australian-barley-and-wheat-grain-central.md) | +3.0% | +2.1% |
| KWHEAT | 2019-03-12 | [Daily Market Wire 13 March 2019 - Grain Central](https://feedsoft.ai/events/10671-daily-market-wire-13-march-2019-grain-central.md) | +5.4% | +4.2% |
| KWHEAT | 2025-11-04 | [Daily Market Wire 4 November 2025 - Grain Central](https://feedsoft.ai/events/6939-daily-market-wire-4-november-2025-grain-central.md) | -0.9% | -1.6% |
| KWHEAT | 2021-09-15 | [Daily Market Wire 16 September 2021 - Grain Central](https://feedsoft.ai/events/12294-daily-market-wire-16-september-2021-grain-central.md) | +0.6% | +7.8% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-27-march-2023/

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