How Russia and Ukraine took over the wheat market

After 20 past neutral trade events, Wheat (HRW) moved a median -0.7% over 5 sessions (30% higher; middle half -4.1% to +1.4%), and -4.0% over 20.

• Feb 13, 2019Russian dominance over world wheat markets slows - Farmers Weekly-8.5%
• Nov 2, 2023Ag Market Update: Wheat Prices Drop, China Becomes Top Wheat Importer, and Soybean Complex Dynamics - IASG+2.3%
• Oct 18, 2018Wheat exports, the key to higher prices-4.6%
• Jul 21, 2022Precipitation in the EU and the USA and the possible unblocking of Ukrainian ports increase the pressure on wheat prices 21.07.2022 - UkrAgroConsult-1.0%
• Jan 17, 2017India imported 2.7 mn tonnes of wheat this fiscal-0.9%

After 206 past neutral trade events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.6%), and +0.5% over 20.

• Jan 21, 2019Russian wheat market dominance grows - Milling and Grain+3.3%
• Feb 7, 2017News From Russia And Ukraine+0.4%
• Dec 9, 2019Conditions and prospects of the Russian grain market, competition with the EU and Ukraine – A.Korbut-3.5%
• Aug 4, 2017Grain export from Ukraine and Russia-3.9%
• Mar 17, 2023Wheat Ukraine: China at the forefront-3.7%