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Russian wheat bran production rose to 4.3–4.5 million tonnes in 2026 amid a large wheat harvest and active flour milling. Demand did not keep pace, and bran prices fell 26% from 11,500 rubles per tonne in July to 8,500–9,000 rubles by November; increased use in livestock feed has not stopped the decline.
Greater bran availability alongside weaker demand is putting downward pressure on feed-ingredient prices. Cheaper bran may displace more expensive feed ingredients at the margin.
insights.tridge.comNov 10, 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.
