# White House event involving Russia and Ukraine knocks grains and oilseeds lower

> Grain and oilseed prices fell at the end of Tuesday's session after the White House announced a Ukrainian and Russian delegation gathering in Washington, with a ceasefire statement scheduled for November 5 in the Oleshky area. The announcement follows an earlier local truce and civilian evacuation in the Kherson region.

- Date: 2026-11-04 · published 2026-11-04T13:37:46.086Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/79845-white-house-event-involving-russia-and-ukraine-knocks-grains-and-oilseeds-lower
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Expectations of de-escalation and safer Black Sea shipping reduce the war risk premium in wheat, corn and oilseeds, pushing futures lower. Buyers may see temporary price relief, though the announcement itself does not yet change export volumes.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2023-04-17 | [What are the deals on Ukraine, Russia grain exports? \| Reuters](https://feedsoft.ai/events/14397-what-are-the-deals-on-ukraine-russia-grain-exports-reuters.md) | +7.8% | -1.4% |
| WHEAT | 2023-05-17 | [What are the deals on Ukraine, Russia grain exports? \| Reuters](https://feedsoft.ai/events/14390-what-are-the-deals-on-ukraine-russia-grain-exports-reuters.md) | -1.4% | -6.9% |
| WHEAT | 2021-02-21 | [Ukraine, Russia ink deal to export grain on Black Sea](https://feedsoft.ai/events/48492-ukraine-russia-ink-deal-to-export-grain-on-black-sea.md) | +0.7% | -0.7% |
| WHEAT | 2024-05-09 | [How Ukraine broke Russia’s grip in the Black Sea](https://feedsoft.ai/events/14301-how-ukraine-broke-russia-s-grip-in-the-black-sea.md) | +2.0% | +6.5% |
| 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 | 2023-05-17 | [What are the deals on Ukraine, Russia grain exports? \| Reuters](https://feedsoft.ai/events/14390-what-are-the-deals-on-ukraine-russia-grain-exports-reuters.md) | +2.4% | +0.5% |
| CORN | 2023-04-17 | [What are the deals on Ukraine, Russia grain exports? \| Reuters](https://feedsoft.ai/events/14397-what-are-the-deals-on-ukraine-russia-grain-exports-reuters.md) | -1.9% | -3.1% |

## Sources

- agroprofil.pl: https://agroprofil.pl/wiadomosci/bialy-dom-wydarzenie-rosja-ukraina-przecena-zboza/

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