Wheat climbs to one-week high on Black Sea supply concerns - Markets

After 361 past bullish geopolitics events, WHEAT moved a median +0.7% over 5 sessions (58% higher; middle half -1.4% to +3.7%), and +1.3% over 20.

• Nov 22, 2023Wheat jumps 1% to near 2-week high on Black Sea supply concerns - Markets - Business Recorder-0.4%
• Mar 21, 2022Wheat rebounds on Black Sea supply worries; corn, soybeans rise 1% - Markets - Business Recorder+15.8%
• Aug 31, 2026Russian wheat export prices climb as Black Sea supplies shrink - Markets - Business Recorder+2.2%
• Jul 22, 2026Chicago wheat jumps on renewed attacks on Black Sea ports - Markets - Business Recorder-1.8%
• Nov 1, 2022Palm oil surges nearly 5% on worries over Black Sea supplies - Markets - Business Recorder+7.3%

After 53 past bearish geopolitics events, SOY moved a median -0.3% over 5 sessions (47% higher; middle half -1.9% to +1.2%), and +1.0% over 20.

• Dec 2, 2025U.S. grains: Corn, wheat futures climb on Black Sea tensions - Grainews-3.0%
• Mar 10, 2026Chicago soy, grains retreat as technical selling unwinds crude-driven rally - Markets - Business Recorder-2.1%
• Jul 29, 2026Wheat up 1%, rises for second session on Black Sea disruptions | ZAWYA-4.7%
• Feb 27, 2022Ukraine crisis: Agri commodities prices plunge in global markets as supply fears recede - The HinduBusinessLine+5.4%
• Jan 25, 2022Frost risk remains for Black Sea crops: Grain market daily | AHDB+6.2%