
Russian ports exported about 2.3 million tonnes of grain in October, roughly three times less than a year earlier, according to data from the Russian Grain Union. Shipments shifted to the Baltic, which rose 8.7-fold to 1.56 million tonnes, while Azov-Black Sea exports fell from 5.4 million to 130,500 tonnes.
Wheat dominated at 2 million tonnes, with Egypt the largest buyer.
The collapse in Black Sea and Azov shipments tightens near-term Russian wheat supply to importers and supports wheat prices, while the rerouting to Baltic ports shows exporters adapting to disruption.
After 283 past bullish logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.4% to +1.3%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.