# Wheat Futures Retreat on Hopes for Russia-Ukraine Deal

> Wheat futures fell to new lows after President Trump said he expected an agreement to resolve the Russia-Ukraine war could be reached soon. The report linked the price decline to those comments.

- Date: 2026-11-06 · published 2026-11-06T18:06:55.136Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/84440-wheat-futures-retreat-on-hopes-for-russia-ukraine-deal
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

The prospect of a deal eases concerns about disruption to Black Sea grain flows, reducing the risk premium in wheat prices.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| WHEAT | 2023-04-17 | [What are the deals on Ukraine, Russia grain exports? \| Reuters](https://feedsoft.ai/events/14397-what-are-the-deals-on-ukraine-russia-grain-exports-reuters.md) | +7.8% | -1.4% |
| WHEAT | 2021-02-21 | [Ukraine, Russia ink deal to export grain on Black Sea](https://feedsoft.ai/events/48492-ukraine-russia-ink-deal-to-export-grain-on-black-sea.md) | +0.7% | -0.7% |
| WHEAT | 2022-11-01 | [Wheat futures tumble after Russia rejoins Black Sea grain corridor deal - Fastmarkets](https://feedsoft.ai/events/7290-wheat-futures-tumble-after-russia-rejoins-black-sea-grain-corridor-deal.md) | +7.3% | +7.7% |
| WHEAT | 2025-02-11 | [Ukraine's Decreased Grain Production Creates Opportunities for Russia](https://feedsoft.ai/events/14231-ukraine-s-decreased-grain-production-creates-opportunities-for-russia.md) | +2.0% | -3.0% |
| KWHEAT | 2022-11-01 | [Wheat futures tumble after Russia rejoins Black Sea grain corridor deal - Fastmarkets](https://feedsoft.ai/events/7290-wheat-futures-tumble-after-russia-rejoins-black-sea-grain-corridor-deal.md) | -2.2% | -7.9% |
| KWHEAT | 2026-10-22 | [Russia's promise to resume negotiations with Ukraine led to a speculative 2.5% decrease in wheat stock exchange quotes in one day.](https://feedsoft.ai/events/17160-russia-s-promise-to-resume-negotiations-with-ukraine-led-to-a-speculative-2-5.md) | -3.4% | — |
| KWHEAT | 2022-10-11 | [CBOT Wheat Futures Slide Amid Worries Over Black Sea Grain Trade](https://feedsoft.ai/events/5086-cbot-wheat-futures-slide-amid-worries-over-black-sea-grain-trade.md) | -7.1% | -6.5% |

## Sources

- squawknews.com: https://squawknews.com/news/881194-wheat-futures-retreat-on-hopes-for-russia-ukraine-deal

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