# Crouching Tiger, Hidden Dragon: Russian vs. Ukrainian milling wheat 2019/20

> Ukraine has harvested a record wheat crop of about 29 million tonnes and is gaining share in Turkey and other markets traditionally supplied by Russia. Ukrainian wheat sales to Turkey rose almost sixfold to 690 thousand tonnes in July to October. Analysts credit improved Ukrainian protein quality for its competitiveness.

- Date: 2020-01-01 · published 2020-01-01T12:00:00.000Z
- Category: report · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/55438-crouching-tiger-hidden-dragon-russian-vs-ukrainian-milling-wheat-2019-20
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

A large Ukrainian supply with better quality shifts export demand away from Russian wheat, pressuring Black Sea wheat export prices.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-02-07 | [SovEcon raises 2025/26 Russian wheat export forecast amid higher beginning stocks \| Miller Magazine](https://feedsoft.ai/events/14232-sovecon-raises-2025-26-russian-wheat-export-forecast-amid-higher-beginning.md) | -1.0% | -3.9% |
| WHEAT | 2025-02-07 | [Ukrainian wheat exports exceeded 11 mln tons](https://feedsoft.ai/events/14229-ukrainian-wheat-exports-exceeded-11-mln-tons.md) | -1.0% | -3.9% |
| WHEAT | 2019-04-26 | [Size of Russian wheat crop takes toll on market - Farmers Weekly](https://feedsoft.ai/events/10961-size-of-russian-wheat-crop-takes-toll-on-market-farmers-weekly.md) | -3.9% | -0.9% |
| WHEAT | 2022-10-25 | [USDA Sees Australian Wheat Crop at 34 Million Tons \| KQLX](https://feedsoft.ai/events/39073-usda-sees-australian-wheat-crop-at-34-million-tons-kqlx.md) | -5.1% | +3.4% |
| WHEAT | 2020-02-18 | [Govt pegs record wheat output at 106.21 million tons for 2019-20](https://feedsoft.ai/events/54549-govt-pegs-record-wheat-output-at-106-21-million-tons-for-2019-20.md) | -0.9% | -0.1% |
| KWHEAT | 2025-02-07 | [SovEcon raises 2025/26 Russian wheat export forecast amid higher beginning stocks \| Miller Magazine](https://feedsoft.ai/events/14232-sovecon-raises-2025-26-russian-wheat-export-forecast-amid-higher-beginning.md) | -1.5% | -9.3% |
| KWHEAT | 2019-07-16 | [BLACK SEA WHEAT EXPORTS SEEN RISING IN 2019-20](https://feedsoft.ai/events/57938-black-sea-wheat-exports-seen-rising-in-2019-20.md) | -4.4% | -12.6% |
| KWHEAT | 2019-11-01 | [Good Milling and End-Product Performance is Available in 2019 Hard Red Winter Wheat Supplies](https://feedsoft.ai/events/56600-good-milling-and-end-product-performance-is-available-in-2019-hard-red-winter.md) | +1.2% | +4.5% |

## Sources

- millermagazine.com: https://millermagazine.com/blog/crouching-tiger-hidden-dragon-russian-vs-ukrainian-milling-wheat-2019-20-3408

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