Russia could still export 4-5 million tons of wheat

After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.

• Sep 15, 2017Ukraine and Russia in August exported 2.8 million tons of wheat to Asia — Latifundist.com+0.7%
• Jan 19, 2021The Russian Federation exported almost 4 million tons of food wheat from the ports of AChB in December+3.5%
• Nov 13, 2020Russia shipped 31% of overall wheat export potential-2.7%
• Jan 26, 2022India may export record 6.5 million tonnes of wheat this fiscal - The HinduBusinessLine-2.3%
• Sep 23, 2025Russia’s wheat exports from Black Sea ports fall to 460kt-0.2%

After 82 past bearish trade events, Wheat (HRW) moved a median -0.3% over 5 sessions (48% higher; middle half -2.8% to +1.9%), and +0.1% over 20.

• Sep 15, 2017Ukraine and Russia in August exported 2.8 million tons of wheat to Asia — Latifundist.com+6.8%
• Nov 20, 2018Wheat price held hostage to pace of Russian exports - Farmers Weekly-3.3%
• Dec 7, 2022Wheat prices touch 14-month low on surging Russian exports - Nikkei Asia+4.4%
• Feb 2, 2021Record wheat exports from Russia increases pressure on prices+2.3%
• Oct 18, 2017U.S. grains: Wheat down on weak export demand - Country Guide+0.2%