# CBOT commodity market: Wheat closes down 1.3% after Trump signals Russia-Ukraine peace deal

> CBOT December wheat futures fell 1.33% on Friday after Donald Trump said Russia and Ukraine could reach a peace agreement soon, potentially allowing their wheat exports to increase. Corn and soybean futures edged higher, supported by reported U.S. flash sales and buying after earlier price declines.

- Date: 2026-11-08 · published 2026-11-09T07:37:22.228Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/89054-cbot-commodity-market-wheat-closes-down-1-3-after-trump-signals-russia-ukraine
- 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

A potential reopening or expansion of Black Sea grain exports would add wheat supply and weigh on prices. The reported U.S. sales offered some support to corn and soybean demand, while El Niño-related crop concerns were also cited as supportive.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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 | 2026-10-29 | [CBOT wheat falls to 3½-month low on peace hopes \| Adalytica](https://feedsoft.ai/events/1273-cbot-wheat-falls-to-31-2-month-low-on-peace-hopes-adalytica.md) | -0.4% | — |
| WHEAT | 2022-03-17 | [U.S. grains: May wheats limit-down as peace talks progress - Manitoba Co-operator](https://feedsoft.ai/events/9944-u-s-grains-may-wheats-limit-down-as-peace-talks-progress-manitoba-co-operator.md) | +15.8% | +5.9% |
| CORN | 2022-02-25 | [Farming News - Ag commodities trading sharply higher as Russia attacks Ukraine - ADM Wheat & OSR Market Update](https://feedsoft.ai/events/9674-farming-news-ag-commodities-trading-sharply-higher-as-russia-attacks-ukraine.md) | +6.6% | +10.3% |
| CORN | 2022-02-24 | [Commodity supplies at risk as Russia invades Ukraine \| Reuters](https://feedsoft.ai/events/14508-commodity-supplies-at-risk-as-russia-invades-ukraine-reuters.md) | +6.5% | +12.3% |
| CORN | 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) | +0.0% | -2.8% |

## Sources

- infoquest.co.th: https://www.infoquest.co.th/2026/675874

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