# U.S. grains: Wheat soars on new rumours of Russian export curbs - Manitoba Co-operator

> US wheat futures rose 3.5% on Wednesday on technical buying and rumours that Russia may curb wheat exports, traders said. Soybeans and corn closed modestly higher following wheat. Russia's agriculture ministry is set to meet grain exporters on Sept. 3 to discuss the market situation.

- Date: 2018-08-29 · published 2018-08-29T12:00:00.000Z
- Category: geopolitics · region Russia · magnitude high
- Page: https://feedsoft.ai/events/63567-u-s-grains-wheat-soars-on-new-rumours-of-russian-export-curbs-manitoba-co
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Russian export curbs or an export tax at 25 million tonnes would tighten world wheat supply after a poor Russian harvest, supporting wheat prices and feed-grain substitution demand.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-10-26 | [U.S. grains: Wheat up off two-week low on Ukraine export uncertainty - AgCanada](https://feedsoft.ai/events/33678-u-s-grains-wheat-up-off-two-week-low-on-ukraine-export-uncertainty-agcanada.md) | +2.2% | +1.7% |
| WHEAT | 2025-12-17 | [Ukraine's grain exports curbed as Russian strikes shut terminals](https://feedsoft.ai/events/14151-ukraine-s-grain-exports-curbed-as-russian-strikes-shut-terminals.md) | +0.8% | +0.7% |
| WHEAT | 2025-12-22 | [U.S. grains: Wheat leads grains higher with Russian strikes in focus - Grainews](https://feedsoft.ai/events/21539-u-s-grains-wheat-leads-grains-higher-with-russian-strikes-in-focus-grainews.md) | +0.6% | -0.3% |
| WHEAT | 2023-02-10 | [U.S. Wheat Futures Jump on Ukraine, Russia Shipment Concerns](https://feedsoft.ai/events/37376-u-s-wheat-futures-jump-on-ukraine-russia-shipment-concerns.md) | -2.5% | -9.0% |
| WHEAT | 2026-02-19 | [Ukraine's grain, iron ore exports hit by Russian strikes on ports this winter \| Reuters](https://feedsoft.ai/events/14135-ukraine-s-grain-iron-ore-exports-hit-by-russian-strikes-on-ports-this-winter.md) | +1.8% | +3.6% |
| KWHEAT | 2023-10-26 | [U.S. grains: Wheat up off two-week low on Ukraine export uncertainty - AgCanada](https://feedsoft.ai/events/33678-u-s-grains-wheat-up-off-two-week-low-on-ukraine-export-uncertainty-agcanada.md) | -1.4% | -5.3% |
| KWHEAT | 2023-02-10 | [U.S. Wheat Futures Jump on Ukraine, Russia Shipment Concerns](https://feedsoft.ai/events/37376-u-s-wheat-futures-jump-on-ukraine-russia-shipment-concerns.md) | +2.2% | -7.7% |
| KWHEAT | 2018-08-31 | [Farming News - US, European prices recover on the news that Russia are likely to curb wheat exports, global production of rapeseed is down](https://feedsoft.ai/events/63569-farming-news-us-european-prices-recover-on-the-news-that-russia-are-likely-to.md) | -4.6% | -0.2% |

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/daily/u-s-grains-wheat-soars-on-new-rumours-of-russian-export-curbs/

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