
Russia shipped 11.2 million tonnes of grain via its ports in the July-October 2026 season, 2.2 times less than a year earlier (24.2 million tonnes), according to the Russian Grain Union. Wheat exports fell 2.4 times to 7.8 million tonnes, with Egypt the top destination at 1.617 million tonnes, down 2.6 times.
A sharp drop in Russian export volumes removes a large share of global wheat supply from world markets, supporting wheat prices and tightening availability for feed and milling buyers who rely on Black Sea origin.
After 431 past bullish trade events, WHEAT moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.
Not enough comparable past events yet for a historical read.
After 729 past bullish trade events, CORN moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.
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.