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Russian wheat offered from Baltic ports fell to $257 per ton in the week of November 2–8, down 1.5% week on week and about 7% from mid-October. Export values from Argentina, Australia and France also declined, amid improved Argentine crop prospects and expectations of more normal Black Sea shipping.
Cheaper Russian offers and lower prices from competing origins increase export competition and weaken global wheat benchmarks. Improved crop prospects and reduced shipping-risk premiums add further downward pressure.
commodity-board.comCMB NewsNov 9, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
