# Russia lowers export wheat prices! Additional pressure on prices

> Russian export wheat prices fell: IKAR quoted 12.5%-protein wheat at $260 per tonne FOB for December shipment, down $4 from the previous week, while SovEcon estimated $261, down $9. Russian exports reached about 10.3 million tonnes from July to October, and November shipments could exceed 3 million tonnes despite transport disruptions in the Black Sea.

- Date: 2026-11-07 · published 2026-11-08T13:37:28.599Z
- Category: trade · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/87611-russia-lowers-export-wheat-prices-additional-pressure-on-prices
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Cheaper Russian offers increase competition for Romanian wheat in export markets, limiting the scope for Romanian prices to rise. The larger prospective Russian shipments add to available export supply and weigh on wheat prices.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-02-02 | [Record wheat exports from Russia increases pressure on prices](https://feedsoft.ai/events/48490-record-wheat-exports-from-russia-increases-pressure-on-prices.md) | +0.3% | +11.6% |
| WHEAT | 2022-12-07 | [Wheat prices touch 14-month low on surging Russian exports - Nikkei Asia](https://feedsoft.ai/events/6645-wheat-prices-touch-14-month-low-on-surging-russian-exports-nikkei-asia.md) | +10.0% | +8.7% |
| WHEAT | 2023-09-25 | [Explainer: Why are Russian export prices roiling the wheat market? \| Reuters](https://feedsoft.ai/events/34139-explainer-why-are-russian-export-prices-roiling-the-wheat-market-reuters.md) | -2.7% | -1.3% |
| WHEAT | 2022-12-05 | [Wheat plunges to 3-month low on export competition](https://feedsoft.ai/events/6642-wheat-plunges-to-3-month-low-on-export-competition.md) | -9.5% | -0.8% |
| WHEAT | 2023-09-25 | [Terrain \| Cheap Russian Wheat Puts Lid on U.S. Wheat Prices](https://feedsoft.ai/events/34145-terrain-cheap-russian-wheat-puts-lid-on-u-s-wheat-prices.md) | -2.7% | -1.3% |

## Sources

- aspab.ro: https://aspab.ro/rusia-ieftineste-graul-pentru-export-presiune-suplimentara-asupra-preturilor/actualitati/

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