# Russian wheat export prices continue to decline

> Russian export prices for 12.5%-protein wheat fell last week as demand weakened amid expectations of peace talks on Ukraine. IKAR lowered its forecast for Russia’s 2026/27 wheat export potential to 39.5 million tonnes from 42 million tonnes, while Baltic ports have taken on most grain shipments after disruption in the Azov-Black Sea basin.

- Date: 2026-11-09 · published 2026-11-09T13:38:25.535Z
- Category: trade · region Russia · magnitude medium
- Page: https://feedsoft.ai/events/89587-russian-wheat-export-prices-continue-to-decline
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Weaker demand and reduced export capacity put downward pressure on Russian wheat prices and may increase the volume competing for domestic storage and sales channels.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-12-05 | [After a speculative jump in wheat prices continue to decline](https://feedsoft.ai/events/11056-after-a-speculative-jump-in-wheat-prices-continue-to-decline.md) | -3.9% | -1.3% |
| 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 | 2022-12-07 | [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 | 2018-11-20 | [Wheat price held hostage to pace of Russian exports - Farmers Weekly](https://feedsoft.ai/events/62094-wheat-price-held-hostage-to-pace-of-russian-exports-farmers-weekly.md) | -0.7% | +4.1% |
| 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

- ru.themoscowtimes.com: https://ru.themoscowtimes.com/2026/11/09/eksportnye-tseny-na-pshenitsu-rf-prodolzhayut-snizhatsya-a210800

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