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Russian wheat export prices fell last week alongside world markets, on reports that grain ships may leave the Sea of Azov and on expectations of a big Southern Hemisphere harvest. ICAR put 12.5% protein wheat at $260/t FOB Baltic for December, down $4 week on week, while SovEcon put it at $261/t.
Exports in October are estimated at about 3 million tonnes.
Lower Russian FOB offers add competitive pressure on world wheat, while the possible Azov reopening would ease logistics constraints and further weigh on prices.
agriinsite.comUkr Agro ConsultNov 3, 2026
ukragroconsult.comNov 2, 2026ukragroconsult.comNov 2, 2026ukragroconsult.comNov 2, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
