# Black Sea Grain Exports Fell 94%; Wheat Is Down 22% — Valtor Partners

> Russian grain shipments through the Black Sea and Sea of Azov fell to 0.3 million tons in September from 4.74 million a year earlier, based on Reuters-reported export data. Attacks on merchant vessels in the region rose sharply, and Ukraine's port grain exports also fell as it rerouted via Danube ports.

- Date: 2026-11-04 · published 2026-11-05T06:11:53.819Z
- Category: logistics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/81222-black-sea-grain-exports-fell-94-wheat-is-down-22-valtor-partners
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Sharply lower Black Sea shipments tighten export availability, but Chicago wheat has still fallen about 22% since late August, so the market is currently pricing in other supply factors.

## Read by commodity

- WHEAT: neutral
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-09-25 | [Lack of exports drags down KC spot wheat \| World Grain](https://feedsoft.ai/events/28351-lack-of-exports-drags-down-kc-spot-wheat-world-grain.md) | +0.9% | -6.0% |
| WHEAT | 2017-11-06 | [Black Sea deep-water ports export almost 50% of Russian grains - expert](https://feedsoft.ai/events/67828-black-sea-deep-water-ports-export-almost-50-of-russian-grains-expert.md) | +0.2% | +1.9% |
| WHEAT | 2017-05-01 | [Grain trades drive Black Sea ports ‣ WorldCargo News](https://feedsoft.ai/events/70859-grain-trades-drive-black-sea-ports-worldcargo-news.md) | +2.3% | +1.5% |
| WHEAT | 2018-04-02 | [Kazakhstan has a significant potential for increasing of grain exports through the Black Sea ports – expert](https://feedsoft.ai/events/65359-kazakhstan-has-a-significant-potential-for-increasing-of-grain-exports-through.md) | +1.6% | +5.2% |
| WHEAT | 2026-01-21 | [Ukraine refutes reports of shipowners steering clear of its Black Sea ports](https://feedsoft.ai/events/14148-ukraine-refutes-reports-of-shipowners-steering-clear-of-its-black-sea-ports.md) | +2.7% | +4.3% |

## Sources

- valtorpartners.com: https://valtorpartners.com/notes/russia-black-sea-grain-shipments-fell-94-wheat-down-22-since-august/

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