# Russian Wheat Export Tax Boosts Grain Prices

> Russia's Black Sea winter wheat harvest is progressing, with more than 40% complete and average yields near 3.5 t/ha. Hot, extremely dry weather across Siberia and Kazakhstan has raised concern that spring wheat yields will fall short of forecasts. Russia's harvest totalled 35.3 million tonnes.

- Date: 2020-07-30 · published 2020-07-30T12:00:00.000Z
- Category: weather · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/52024-russian-wheat-export-tax-boosts-grain-prices
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Lower-than-forecast Russian and Kazakh spring wheat yields would tighten export supplies and support wheat prices.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-05-26 | [Canadian Wheat Crop Boosts Export Pressure](https://feedsoft.ai/events/53174-canadian-wheat-crop-boosts-export-pressure.md) | -0.8% | -0.2% |
| WHEAT | 2019-06-21 | [Russian wheat exports forecast to decline \| 2019-06-21  \| World Grain](https://feedsoft.ai/events/58448-russian-wheat-exports-forecast-to-decline-2019-06-21-world-grain.md) | +7.9% | -3.0% |
| WHEAT | 2020-10-08 | [Wheat price rally fuelled by Russia - Grain Central](https://feedsoft.ai/events/11635-wheat-price-rally-fuelled-by-russia-grain-central.md) | +0.0% | -0.6% |
| WHEAT | 2024-05-22 | [Russian wheat shortfall a boon to US exporters of ... corn?](https://feedsoft.ai/events/4590-russian-wheat-shortfall-a-boon-to-us-exporters-of-corn.md) | -7.4% | -10.9% |
| WHEAT | 2025-07-30 | [EU wheat rises, supported by high Russian prices — TradingView News](https://feedsoft.ai/events/23798-eu-wheat-rises-supported-by-high-russian-prices-tradingview-news.md) | -0.7% | -0.1% |
| KWHEAT | 2020-05-26 | [Canadian Wheat Crop Boosts Export Pressure](https://feedsoft.ai/events/53174-canadian-wheat-crop-boosts-export-pressure.md) | +4.0% | -3.0% |
| KWHEAT | 2024-05-22 | [Russian wheat shortfall a boon to US exporters of ... corn?](https://feedsoft.ai/events/4590-russian-wheat-shortfall-a-boon-to-us-exporters-of-corn.md) | +2.6% | -15.6% |
| KWHEAT | 2023-04-21 | [Wheat prices torn between strong Russian exports and struggling US crops \| Stock Journal \| SA](https://feedsoft.ai/events/36443-wheat-prices-torn-between-strong-russian-exports-and-struggling-us-crops-stock.md) | -7.3% | +2.0% |

## Sources

- grainbrokers.com.au: https://www.grainbrokers.com.au/black-sea-wheat-production-stabilises/

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