# Wheat Futures Extend Losses on Hopes for Russia-Ukraine Talks -- Daily Grain Highlights | MarketScreener

> Soybeans settled lower for a third straight session after a flash sale of 120,000 metric tons to unknown destinations, possibly China. Analysts expect weekly soybean export sales for the week ended Oct. 22 to fall short of the prior week's 2.84 million tons, and China still has 30-35% of a 25 million ton new-crop commitment to fulfil.

- Date: 2026-10-28 · published 2026-10-29T06:05:27.648Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/79-wheat-futures-extend-losses-on-hopes-for-russia-ukraine-talks-daily-grain
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Slowing export sales weigh on soybean prices unless China's remaining purchase commitment is executed, which would support prices and meal demand.

## Read by commodity

- SBM: neutral
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-03-16 | [Soybean Futures Plummet on Possibility of Postponed Summit -- Daily Grain Highlights \| MarketScreener](https://feedsoft.ai/events/5797-soybean-futures-plummet-on-possibility-of-postponed-summit-daily-grain.md) | -4.1% | -4.0% |
| SOY | 2026-06-04 | [Soybean Futures Drop Amid Questions Around China Demand -- Daily Grain Highlights \| MarketScreener](https://feedsoft.ai/events/12561-soybean-futures-drop-amid-questions-around-china-demand-daily-grain-highlights.md) | -2.7% | -1.9% |
| SOY | 2025-09-28 | [Soy futures slightly up - Markets - Business Recorder](https://feedsoft.ai/events/22898-soy-futures-slightly-up-markets-business-recorder.md) | +0.4% | +2.8% |
| SOY | 2026-05-15 | [Ahead of the Open \| Grain market extends pullback overnight - Pro Farmer](https://feedsoft.ai/events/9304-ahead-of-the-open-grain-market-extends-pullback-overnight-pro-farmer.md) | +1.7% | -5.2% |
| SOY | 2024-10-20 | [Dry weather and Russian export concerns lift wheat - Markets - Business Recorder](https://feedsoft.ai/events/27908-dry-weather-and-russian-export-concerns-lift-wheat-markets-business-recorder.md) | +1.8% | +2.9% |
| SBM | 2025-11-06 | [U.S. grains: Soybeans, wheat plummet from highs on limited Chinese demand - Grainews](https://feedsoft.ai/events/8211-u-s-grains-soybeans-wheat-plummet-from-highs-on-limited-chinese-demand-grainews.md) | -1.2% | -5.1% |
| SBM | 2017-05-15 | [Competitive feed market in Malaysia creates potential for U.S. DDGS \| World-grain.com \| May 15, 2017 13:38 \| World Grain](https://feedsoft.ai/events/70994-competitive-feed-market-in-malaysia-creates-potential-for-u-s-ddgs-world-grain.md) | -0.9% | -2.6% |
| SBM | 2020-01-30 | [Russia’s target of independence on feed lysine in sight - Food & Agribusiness](https://feedsoft.ai/events/55413-russia-s-target-of-independence-on-feed-lysine-in-sight-food-and-agribusiness.md) | -2.9% | +0.3% |

## Sources

- marketscreener.com: https://www.marketscreener.com/news/wheat-futures-extend-losses-on-hopes-for-russia-ukraine-talks-daily-grain-highlights-ce785cd3d980f02d

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