# European and US wheat prices decline, but Black Sea tensions limit further losses

> European wheat prices fell 2.3% over the past week, while Chicago wheat futures declined 3.1%. Black Sea shipping risks and a storm-related temporary closure of the Sulina Canal have supported European prices, while a possible increase in Russian shipments via the Kerch Strait could add export competition and pressure prices further.

- Date: 2026-11-10 · published 2026-11-10T09:05:43.611Z
- Category: logistics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/91462-european-and-us-wheat-prices-decline-but-black-sea-tensions-limit-further-losses
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Shipping disruptions constrain export flows and support wheat prices, whereas a recovery in Russian seaborne exports would increase available supply and weigh on prices. Overall, the report describes a bearish market with logistical and geopolitical risks limiting losses.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-11-24 | [Logistics slows down EU wheat exports and pushes prices](https://feedsoft.ai/events/67887-logistics-slows-down-eu-wheat-exports-and-pushes-prices.md) | -0.1% | +0.4% |
| WHEAT | 2022-07-20 | [Demand prices for wheat and barley in Ukraine remain very low 20.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/40558-demand-prices-for-wheat-and-barley-in-ukraine-remain-very-low-20-07-2022.md) | -10.6% | -0.6% |
| WHEAT | 2026-04-29 | [Freight market review for Week 18 in the Azov-Black Sea and Baltic regions - Sea Lines shipping](https://feedsoft.ai/events/14125-freight-market-review-for-week-18-in-the-azov-black-sea-and-baltic-regions-sea.md) | -3.1% | -0.4% |
| WHEAT | 2022-10-07 | [Slow US demand puts the brakes on wheat - Mecardo](https://feedsoft.ai/events/5089-slow-us-demand-puts-the-brakes-on-wheat-mecardo.md) | -13.9% | -16.3% |
| WHEAT | 2025-04-03 | [Marine sector provides food security for Ukraine - European Business Association](https://feedsoft.ai/events/14214-marine-sector-provides-food-security-for-ukraine-european-business-association.md) | -0.6% | +2.0% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/european-and-us-wheat-prices-decline-but-black-sea-tensions-limit-further-losses/

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