Loading…
Russia's agricultural market research institute ICAR cut its total 2026/27 grain export forecast to 49.5 mln t from 52.8 mln t, and wheat to 39.5 mln t from 42 mln t. Under its stress scenario, however, it raised the total grain export estimate to 36.5 mln t from 35 mln t, with wheat up to 30 mln t from 29 mln t.
Lower base forecasts tighten expected Russian supply, which is supportive for wheat and feed grain prices in export markets. The stress-scenario upgrade signals exports are running at the lower end of the range but still growing.
interfax.ruNov 3, 2026After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.
After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
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.
