# Due to higher prices, Russia increases wheat export

> Russian wheat exports rose sharply in the early 2018/19 season as FOB Novorossiysk prices for 12.5 percent protein wheat climbed to $205-208/t. Exports through July 18 were reported at roughly double the prior season, with wheat exports up 2.7 times. Farmers held back sales while expecting higher prices after continued rain delayed harvest and raised quality concerns.

- Date: 2018-07-24 · published 2018-07-24T12:00:00.000Z
- Category: trade · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/63888-due-to-higher-prices-russia-increases-wheat-export
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Strong Russian wheat export pace and farmer holding behavior tighten near-term export availability and support world wheat prices, which feeds into higher wheat-based feed costs.

## Read by commodity

- CORN: neutral
- WHEAT: bullish ▲
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-09-25 | [Russia: wheat export prices are rising due to good](https://feedsoft.ai/events/69002-russia-wheat-export-prices-are-rising-due-to-good.md) | -7.1% | +2.9% |
| WHEAT | 2021-02-14 | [Export boom leads to higher wheat prices for area farmers](https://feedsoft.ai/events/9250-export-boom-leads-to-higher-wheat-prices-for-area-farmers.md) | +9.4% | +9.0% |
| WHEAT | 2025-03-28 | [Romania increases wheat and barley exports amid rising prices](https://feedsoft.ai/events/25646-romania-increases-wheat-and-barley-exports-amid-rising-prices.md) | -1.4% | +2.0% |
| WHEAT | 2021-08-30 | [Russian wheat export prices up - Markets - Business Recorder](https://feedsoft.ai/events/45619-russian-wheat-export-prices-up-markets-business-recorder.md) | +0.2% | +0.5% |
| WHEAT | 2020-10-30 | [Wheat prices gain in India on higher export and festival demand, but still rule below MSP](https://feedsoft.ai/events/50606-wheat-prices-gain-in-india-on-higher-export-and-festival-demand-but-still-rule.md) | -1.8% | -7.1% |
| CORN | 2023-03-29 | [Wheat jumps after Russia says Cargill to stop grain exports](https://feedsoft.ai/events/5078-wheat-jumps-after-russia-says-cargill-to-stop-grain-exports.md) | -0.1% | -1.3% |
| CORN | 2017-02-28 | [Grain Export From Russia To Gear Down](https://feedsoft.ai/events/72348-grain-export-from-russia-to-gear-down.md) | +0.9% | -1.1% |
| CORN | 2022-09-22 | [U.S. Weekly Export Sales to China Notable in Wheat, Meats - Pro Farmer](https://feedsoft.ai/events/14904-u-s-weekly-export-sales-to-china-notable-in-wheat-meats-pro-farmer.md) | -2.8% | +1.3% |

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/zavdyaki-zrostannyu-tcin-rosiya-zbilshue-eksport-pshenitci.html

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