# Russian wheat output shocks markets

> Russian wheat output has come in larger than expected, with unofficial estimates near 133 million tonnes compared with the ministry's earlier 110 million forecast. The article says the world market faces a glut as Russia is likely to become the largest exporter this season.

- Date: 2017-09-21 · published 2017-09-21T12:00:00.000Z
- Category: report · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/69003-russian-wheat-output-shocks-markets
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A bigger Russian crop adds export supply and pressures world wheat prices, especially as Russia competes for buyers such as Egypt.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-04-26 | [Size of Russian wheat crop takes toll on market - Farmers Weekly](https://feedsoft.ai/events/10961-size-of-russian-wheat-crop-takes-toll-on-market-farmers-weekly.md) | -3.9% | -0.9% |
| WHEAT | 2025-03-17 | [Wheat Market Outlook – March 17, 2025 \| Sask Wheat](https://feedsoft.ai/events/5623-wheat-market-outlook-march-17-2025-sask-wheat.md) | +5.3% | +2.5% |
| WHEAT | 2023-05-08 | [Wheat Market Outlook – May 8th, 2023 \| Sask Wheat](https://feedsoft.ai/events/35989-wheat-market-outlook-may-8th-2023-sask-wheat.md) | -2.1% | -5.3% |
| WHEAT | 2019-05-13 | [Wheat Market Outlook – May 13th, 2019 \| Sask Wheat](https://feedsoft.ai/events/12092-wheat-market-outlook-may-13th-2019-sask-wheat.md) | -0.4% | +4.7% |
| WHEAT | 2024-07-15 | [Wheat Market Outlook – July 15, 2024 \| Sask Wheat](https://feedsoft.ai/events/9370-wheat-market-outlook-july-15-2024-sask-wheat.md) | -3.2% | -2.3% |

## Sources

- producer.com: https://www.producer.com/markets/russian-wheat-output-shocks-markets/

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