# Grain prices keep easing; no 'midterms effect' yet, but Black Sea expectations weigh

> Grain prices on both sides of the Atlantic continued to fall this week as traders anticipate a possible resumption of Black Sea shipping ahead of Russia-Ukraine talks set for November 10-11 in Abu Dhabi. Chicago corn closed at $4.41 per bushel on Tuesday, down from $4.50 a week earlier, and wheat fell to $12.03.

- Date: 2026-11-04 · published 2026-11-04T19:38:03.361Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/80404-grain-prices-keep-easing-no-midterms-effect-yet-but-black-sea-expectations-weigh
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Expectations of reopened Ukrainian grain corridors and a larger Ukrainian corn harvest add export supply, pressuring corn and wheat prices that feed buyers rely on.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-05-17 | [Black Sea deal extension sinks grain prices](https://feedsoft.ai/events/5012-black-sea-deal-extension-sinks-grain-prices.md) | +2.4% | +0.5% |
| CORN | 2022-11-17 | [Black Sea grain export deal extended, but Russia wants more on fertiliser exports](https://feedsoft.ai/events/14436-black-sea-grain-export-deal-extended-but-russia-wants-more-on-fertiliser-exports.md) | -1.7% | -4.9% |
| CORN | 2022-06-02 | [Ukraine seeks UN-backed mission to export grain shipments through Black Sea](https://feedsoft.ai/events/14479-ukraine-seeks-un-backed-mission-to-export-grain-shipments-through-black-sea.md) | +4.8% | +3.2% |
| CORN | 2022-11-22 | [Black Sea grain corridor lives on](https://feedsoft.ai/events/14443-black-sea-grain-corridor-lives-on.md) | -1.5% | -3.0% |
| CORN | 2026-10-23 | [Wheat prices fall to 14-week low on Black Sea hopes \| Peepals](https://feedsoft.ai/events/449-wheat-prices-fall-to-14-week-low-on-black-sea-hopes-peepals.md) | -0.6% | — |
| WHEAT | 2023-05-17 | [Black Sea deal extension sinks grain prices](https://feedsoft.ai/events/5012-black-sea-deal-extension-sinks-grain-prices.md) | -1.4% | -6.9% |
| WHEAT | 2026-08-18 | [Problems with Russian Black Sea exports are starting to pressure Central Asian grain markets](https://feedsoft.ai/events/17992-problems-with-russian-black-sea-exports-are-starting-to-pressure-central-asian.md) | +0.4% | +3.8% |
| WHEAT | 2026-10-28 | [Barley Market Update: Black Sea Talks Cap Prices, EU Sowing Mixed — CMB News](https://feedsoft.ai/events/484-barley-market-update-black-sea-talks-cap-prices-eu-sowing-mixed-cmb-news.md) | +0.2% | — |

## Sources

- terre-net.fr: https://www.terre-net.fr/prix-des-cereales/article/905706/pour-les-marches-de-cereales-pas-encore-d-effet-midterms-mais-des-attentes-en-mer-noire

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