# Wheat, corn, rapeseed prices dip on hopes for Russia-Ukraine peace talks

> Wheat futures slid to test key support in Chicago, London and Paris after Russia confirmed it will attend US-mediated tripartite peace talks with Ukraine in Abu Dhabi on November 10-11. Corn also fell, with Paris futures dropping through their 100-day moving average.

- Date: 2026-11-03 · published 2026-11-04T00:08:19.639Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/78536-wheat-corn-rapeseed-prices-dip-on-hopes-for-russia-ukraine-peace-talks
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Hopes of ending the Black Sea shipping disruption are removing risk premium from wheat, where Russia and Ukraine supply nearly 30% of world exports. Traders doubt the talks will change much, so a pullback in prices could reverse if shipments stay curtailed.

## Read by commodity

- CORN: bearish ▼
- BARGE: neutral
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-03-29 | [Wheat: Prices fall on peace talks, low demand \| Latest Market News](https://feedsoft.ai/events/42308-wheat-prices-fall-on-peace-talks-low-demand-latest-market-news.md) | -9.0% | -3.6% |
| WHEAT | 2022-05-31 | [Turkey, Russia to discuss Ukraine exports corridor in talks on June 8 \| Reuters](https://feedsoft.ai/events/14486-turkey-russia-to-discuss-ukraine-exports-corridor-in-talks-on-june-8-reuters.md) | -1.4% | -1.3% |
| WHEAT | 2022-05-26 | [Turkey in talks with Russia, Ukraine over grain-export corridor](https://feedsoft.ai/events/14488-turkey-in-talks-with-russia-ukraine-over-grain-export-corridor.md) | -1.9% | -2.9% |
| WHEAT | 2025-02-11 | [Ukraine's Decreased Grain Production Creates Opportunities for Russia](https://feedsoft.ai/events/14231-ukraine-s-decreased-grain-production-creates-opportunities-for-russia.md) | +2.0% | -3.0% |
| WHEAT | 2022-06-23 | [Russia, Turkey to pursue talks on Ukraine grain exports](https://feedsoft.ai/events/14476-russia-turkey-to-pursue-talks-on-ukraine-grain-exports.md) | +1.7% | -4.4% |
| CORN | 2022-05-31 | [Turkey, Russia to discuss Ukraine exports corridor in talks on June 8 \| Reuters](https://feedsoft.ai/events/14486-turkey-russia-to-discuss-ukraine-exports-corridor-in-talks-on-june-8-reuters.md) | -0.8% | -2.6% |
| CORN | 2022-05-26 | [Turkey in talks with Russia, Ukraine over grain-export corridor](https://feedsoft.ai/events/14488-turkey-in-talks-with-russia-ukraine-over-grain-export-corridor.md) | -4.6% | -3.2% |
| CORN | 2022-06-23 | [Russia, Turkey to pursue talks on Ukraine grain exports](https://feedsoft.ai/events/14476-russia-turkey-to-pursue-talks-on-ukraine-grain-exports.md) | +1.6% | -10.7% |

## Sources

- crmagri.com: https://crmagri.com/latest/wheat-corn-rapeseed-prices-dip-on-hopes-for-russia-ukraine-peace-talks

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