# Grain Interventions Reset Market Price Benchmarks

> Russia's Ministry of Agriculture published a draft order lowering maximum price thresholds for state grain interventions from 1 November 2026 to 30 June 2027. Minimum purchase prices for third-class wheat fall to 12,210 rubles per tonne from 14,630, roughly 15-17% lower. The planned purchase volume is well below the drop in Russian wheat exports.

- Date: 2026-11-02 · published 2026-11-02T19:40:34.570Z
- Category: policy · region Russia · magnitude low
- Page: https://feedsoft.ai/events/75708-grain-interventions-reset-market-price-benchmarks
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower intervention floors signal that domestic Russian wheat prices are falling, supporting export competitiveness and pressuring global wheat values.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-03-17 | [Morning Market Review for March 17, 2021 - Beachner Grain](https://feedsoft.ai/events/5122-morning-market-review-for-march-17-2021-beachner-grain.md) | +0.9% | -3.6% |
| WHEAT | 2019-08-21 | [Lacking US biofuel demand undermining grain prices: Grain Market Daily \| AHDB](https://feedsoft.ai/events/57687-lacking-us-biofuel-demand-undermining-grain-prices-grain-market-daily-ahdb.md) | +2.3% | +0.4% |
| WHEAT | 2025-01-21 | [Daily Market Wire 24 January 2025 - Grain Central](https://feedsoft.ai/events/6892-daily-market-wire-24-january-2025-grain-central.md) | +3.4% | +5.7% |
| WHEAT | 2017-12-07 | [Corn, rice self-sufficiency campaign distorting Indonesia’s market \| World-grain.com \| December 07, 2017 15:36 \| World Grain](https://feedsoft.ai/events/67533-corn-rice-self-sufficiency-campaign-distorting-indonesia-s-market-world-grain.md) | -4.0% | -1.3% |
| WHEAT | 2024-02-12 | [What are reference prices and why are they in the farm bill?](https://feedsoft.ai/events/31656-what-are-reference-prices-and-why-are-they-in-the-farm-bill.md) | -4.8% | -1.5% |

## Sources

- sdexpert.ru: https://sdexpert.ru/news/project/zernovye-interventsii-menyayut-tsenovye-orientiry-rynka/

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