# “The wheat picture is bleak”: grain purchase prices are below production costs

> Russian wheat exporters face lower volumes and prices, with one expert citing prices just above $200 per tonne compared with $235–240 a year earlier. The article links the pressure to Black Sea logistics problems and a large harvest, and reports that IKAR cut its seasonal export forecast from 52.8 million to 49.5 million tonnes.

- Date: 2026-11-05 · published 2026-11-06T07:37:53.111Z
- Category: logistics · region Russia · magnitude medium
- Page: https://feedsoft.ai/events/83616-the-wheat-picture-is-bleak-grain-purchase-prices-are-below-production-costs
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Export bottlenecks leave more grain inside Russia, adding to domestic surplus and pressuring farm-gate prices. Lower export availability can still tighten supply abroad, although the article notes no global physical wheat shortage.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-07-28 | [Wheat prices fell in anticipation of the departure of grain ships from Ukrainian ports 28.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/40531-wheat-prices-fell-in-anticipation-of-the-departure-of-grain-ships-from.md) | +4.6% | +0.7% |
| WHEAT | 2019-11-23 | [Logistics putting on the pressure  — this week in the grain markets - RealAgriculture](https://feedsoft.ai/events/56109-logistics-putting-on-the-pressure-this-week-in-the-grain-markets-realagriculture.md) | +1.0% | -1.1% |
| WHEAT | 2022-10-07 | [Slow US demand puts the brakes on wheat - Mecardo](https://feedsoft.ai/events/5089-slow-us-demand-puts-the-brakes-on-wheat-mecardo.md) | -13.9% | -16.3% |
| WHEAT | 2021-03-11 | [Feedgrain Focus: Prices ease as sorghum weighs in - Grain Central](https://feedsoft.ai/events/48167-feedgrain-focus-prices-ease-as-sorghum-weighs-in-grain-central.md) | -0.4% | -0.1% |
| WHEAT | 2026-10-29 | [Wheat prices fall as Russian ships get the green light \| DCA Market Intelligence](https://feedsoft.ai/events/1282-wheat-prices-fall-as-russian-ships-get-the-green-light-dca-market-intelligence.md) | -0.4% | — |

## Sources

- news-life.pro: https://news-life.pro/mahachkala/430246432/

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