# S&P Global analysts publish review of wheat trade situation

> S&P Global analysts report European wheat prices are falling as weak demand intensifies competition among sellers, while Black Sea supplies remain low. Russian wheat exports from July to October 27 reached 9 million tonnes, 43% below a year earlier, mostly loaded from Baltic ports, and Baltic FOB prices fell to $258-260 per tonne on November 2 from $270 a week earlier.

- Date: 2026-11-04 · published 2026-11-05T01:37:51.962Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/80955-s-and-p-global-analysts-publish-review-of-wheat-trade-situation
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Weak European demand and lower Russian Baltic offers point to continued downward pressure on wheat prices, though tight Baltic supply and expected December loading weather problems limit the downside.

## Read by commodity

- WHEAT: bearish ▼

## Sources

- glavagronom.ru: https://glavagronom.ru/news/analitiki-s-p-global-opublikovali-obzor-situacii-s-torgovley-pshenicey

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