# Russia's wheat exports plummet as southern ports remain shut

> IKAR cut its 2026/27 Russian wheat export forecast from 42 million to 39.5 million tonnes as attacks on shipping keep southern ports largely closed. Russian wheat exports from July through October fell to 10.3 million tonnes, compared with 16.9 million tonnes a year earlier.

- Date: 2026-11-07 · published 2026-11-08T03:13:55.831Z
- Category: geopolitics · region Russia · magnitude medium
- Page: https://feedsoft.ai/events/86974-russia-s-wheat-exports-plummet-as-southern-ports-remain-shut
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Reduced port access and lower export availability could tighten global wheat supply and support prices. Grain shipments through alternative ports also compete for limited terminal capacity with other commodities.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-12-17 | [Ukraine's grain exports curbed as Russian strikes shut terminals](https://feedsoft.ai/events/14151-ukraine-s-grain-exports-curbed-as-russian-strikes-shut-terminals.md) | +0.8% | +0.7% |
| WHEAT | 2023-08-03 | [Ukraine struggles to export its grain — as Russia repeatedly strikes its ports : NPR](https://feedsoft.ai/events/14374-ukraine-struggles-to-export-its-grain-as-russia-repeatedly-strikes-its-ports-npr.md) | +0.5% | -6.9% |
| WHEAT | 2023-09-15 | [Why Is Russia Blocking Ukraine's Food Exports?](https://feedsoft.ai/events/14360-why-is-russia-blocking-ukraine-s-food-exports.md) | +0.1% | -1.6% |
| WHEAT | 2026-08-25 | [Grain exports stall as Ukraine steps up attacks on Russia](https://feedsoft.ai/events/14094-grain-exports-stall-as-ukraine-steps-up-attacks-on-russia.md) | +1.7% | +4.5% |
| WHEAT | 2026-08-31 | [Russian wheat export prices climb as Black Sea supplies shrink - Markets - Business Recorder](https://feedsoft.ai/events/17952-russian-wheat-export-prices-climb-as-black-sea-supplies-shrink-markets-business.md) | +2.2% | +6.1% |

## Sources

- cropli.io: https://cropli.io/wheat/2026/11/07/ikar-cuts-russian-wheat-export-forecast-to-39-5mn-tonnes

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