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Grain markets declined over the week as traders weighed hopes for progress in Russia-Ukraine talks against constrained Black Sea exports. Chicago, Paris and London wheat were lower, Russian October wheat exports were estimated at 3.0 million tonnes or less, and Ikar cut its Russian export forecast by 2.5 million tonnes; Chicago corn also fell amid expectations of a higher US yield estimate in the next WASDE report.
Potentially improved Black Sea shipping prospects and expectations for a larger US corn crop weighed on prices, while constrained exports and strong US wheat sales offered support. The competing supply signals leave prices sensitive to upcoming talks and crop estimates.
crmagri.comJames BolesworthNov 6, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
