# Wheat Futures Fall as Trump Expects Russia-Ukraine Deal

> Chicago December wheat fell 1.3% to $5.91¼ per bushel after President Trump said he expects Russia and Ukraine to reach a deal soon. The USDA also reported flash sales of 101,000 metric tons of corn to unknown destinations and 136,000 metric tons of soybeans to China for 2026/27; corn and soybean futures rose 0.3% and 0.5%, respectively.

- Date: 2026-11-06 · published 2026-11-07T00:20:54.230Z
- Category: geopolitics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/85129-wheat-futures-fall-as-trump-expects-russia-ukraine-deal
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Hopes for a Russia-Ukraine agreement eased perceived Black Sea supply risk, weighing on wheat prices. The reported export sales provided some support to corn and soybeans, though the article does not specify a lasting price effect.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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 | 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 | 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 | 2022-06-23 | [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% |
| CORN | 2023-02-10 | [U.S. Wheat Futures Jump on Ukraine, Russia Shipment Concerns](https://feedsoft.ai/events/37376-u-s-wheat-futures-jump-on-ukraine-russia-shipment-concerns.md) | -0.6% | -6.0% |
| CORN | 2023-07-19 | [Wheat Futures Rise 9% as Russia Threatens Ships Headed to Ukraine - Bloomberg](https://feedsoft.ai/events/35084-wheat-futures-rise-9-as-russia-threatens-ships-headed-to-ukraine-bloomberg.md) | +13.6% | -6.1% |
| CORN | 2026-07-15 | [CBOT wheat jumps 5% as Russia-Ukraine hostilities hit trade routes](https://feedsoft.ai/events/7274-cbot-wheat-jumps-5-as-russia-ukraine-hostilities-hit-trade-routes.md) | +3.2% | -0.3% |

## Sources

- sa.marketscreener.com: https://sa.marketscreener.com/news/wheat-futures-fall-as-trump-expects-russia-ukraine-deal-daily-grain-highlights-ce785fd2dc89f026

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