# Wheat prices fall to lowest in 11 weeks amid Russia-Ukraine peace efforts

> CBOT wheat futures fell to their lowest since August 5 and extended losses for a fifth session as traders reduced war-risk premiums after US pressure on Ukraine for a peace deal. Weak US export demand and Southern Hemisphere harvest pressure added to the decline, with wheat down 0.4% to 6.4075 dollars per bushel and corn down 0.2% to 4.61 dollars.

- Date: 2026-11-04 · published 2026-11-05T13:37:35.916Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/81866-wheat-prices-fall-to-lowest-in-11-weeks-amid-russia-ukraine-peace-efforts
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower wheat prices and weaker demand for US exports push feed wheat and corn values down, while peace hopes reduce the Black Sea risk premium that had supported prices.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-03-29 | [Wheat: Prices fall on peace talks, low demand \| Latest Market News](https://feedsoft.ai/events/42308-wheat-prices-fall-on-peace-talks-low-demand-latest-market-news.md) | -9.0% | -3.6% |
| WHEAT | 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 | 2022-05-26 | [Wheat continues to fall in price on the news of a possible unblocking of Ukrainian ports 26.05.2022 - UkrAgroConsult](https://feedsoft.ai/events/41432-wheat-continues-to-fall-in-price-on-the-news-of-a-possible-unblocking-of.md) | -1.9% | -2.9% |
| WHEAT | 2022-06-23 | [Russia, Turkey to pursue talks on Ukraine grain exports](https://feedsoft.ai/events/14476-russia-turkey-to-pursue-talks-on-ukraine-grain-exports.md) | +1.7% | -4.4% |
| 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% |
| 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% | — |
| CORN | 2022-05-26 | [Wheat continues to fall in price on the news of a possible unblocking of Ukrainian ports 26.05.2022 - UkrAgroConsult](https://feedsoft.ai/events/41432-wheat-continues-to-fall-in-price-on-the-news-of-a-possible-unblocking-of.md) | -4.6% | -3.2% |
| CORN | 2022-06-23 | [Russia, Turkey to pursue talks on Ukraine grain exports](https://feedsoft.ai/events/14476-russia-turkey-to-pursue-talks-on-ukraine-grain-exports.md) | +1.6% | -10.7% |

## Sources

- alfallahalyoum.news: https://alfallahalyoum.news/%D8%A3%D8%B9%D9%84%D8%A7%D9%81-%D8%A7%D9%84%D9%88%D8%A7%D8%AF%D9%8A-%D8%AA%D8%B3%D8%AA%D8%B9%D8%AF-%D9%84%D8%B7%D8%B1%D8%AD-%D8%AE%D9%84%D8%B7%D8%A7%D8%AA-%D8%B9%D9%84%D9%81%D9%8A%D8%A9.html/

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