# BLACK SEA WHEAT EXPORTS SEEN RISING IN 2019-20

> A Reuters poll of 19 analysts, officials and traders forecasts Russia, Ukraine and Kazakhstan wheat exports rising 4% to 63.2 million tonnes in 2019/20, with the three-country crop up 8.5% to 120.4 million tonnes. A June heatwave led to Russian crop downgrades, and SovEcon and IKAR cut their forecasts.

- Date: 2019-07-16 · published 2019-07-16T12:00:00.000Z
- Category: report · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/57938-black-sea-wheat-exports-seen-rising-in-2019-20
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

A larger Black Sea export supply and improved Russian competitiveness, especially against a challenged US crop and possible EU downgrades, add pressure on world wheat export prices.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-09-11 | [Grain Export via Russian Black Sea Deep Water Ports Up 32% YoY in August 2024 – SeaNews](https://feedsoft.ai/events/14274-grain-export-via-russian-black-sea-deep-water-ports-up-32-yoy-in-august-2024.md) | -1.7% | +4.3% |
| WHEAT | 2017-12-12 | [U.S. soybean, wheat ending stocks seen up as exports fall - Grainews](https://feedsoft.ai/events/67417-u-s-soybean-wheat-ending-stocks-seen-up-as-exports-fall-grainews.md) | +1.4% | +2.5% |
| WHEAT | 2021-01-14 | [USDA Predicts Increase in India’s Wheat, Rice Exports \| IASPOINT](https://feedsoft.ai/events/49095-usda-predicts-increase-in-india-s-wheat-rice-exports-iaspoint.md) | +1.4% | -5.0% |
| WHEAT | 2021-04-13 | [USDA decided to revise its Black Sea grain export estimates](https://feedsoft.ai/events/47478-usda-decided-to-revise-its-black-sea-grain-export-estimates.md) | +4.1% | +7.2% |
| WHEAT | 2021-02-11 | [India to see record wheat harvest in 2021-22 amid higher export prospects](https://feedsoft.ai/events/48580-india-to-see-record-wheat-harvest-in-2021-22-amid-higher-export-prospects.md) | +9.3% | +9.6% |
| KWHEAT | 2024-09-11 | [Grain Export via Russian Black Sea Deep Water Ports Up 32% YoY in August 2024 – SeaNews](https://feedsoft.ai/events/14274-grain-export-via-russian-black-sea-deep-water-ports-up-32-yoy-in-august-2024.md) | +0.0% | +4.1% |
| KWHEAT | 2017-08-22 | [Russia is No. 1 wheat exporter](https://feedsoft.ai/events/69499-russia-is-no-1-wheat-exporter.md) | -2.7% | +8.4% |
| KWHEAT | 2020-05-15 | [KC Wheat Turns Bearish Early in 2020](https://feedsoft.ai/events/12709-kc-wheat-turns-bearish-early-in-2020.md) | -0.8% | -2.1% |

## Sources

- grainunion.kz: https://www.grainunion.kz/en/article/372

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