# Russian wheat export gap leaves 12.5Mt market shortfall in global trade

> Russian wheat exports since July were reported at about 7.5 million tonnes, versus roughly 20 million tonnes at the same point in an average season since 2021. The resulting 12.5-million-tonne shortfall could mean more wheat is being retained in Russia, though domestic consumption, production and opening stocks also affect how much may be exported later.

- Date: 2026-11-10 · published 2026-11-11T00:21:50.740Z
- Category: trade · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/92558-russian-wheat-export-gap-leaves-12-5mt-market-shortfall-in-global-trade
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Slower Russian shipments reduce near-term wheat supply in global trade and could support prices, but grain retained in Russia may return to the export market later. The story highlights uncertainty about the timing and scale of future Russian exports.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-08-30 | [Russian wheat export prices up - Markets - Business Recorder](https://feedsoft.ai/events/45619-russian-wheat-export-prices-up-markets-business-recorder.md) | +0.2% | +0.5% |
| WHEAT | 2018-11-22 | [Tides May be Turning in the Global Wheat Trade](https://feedsoft.ai/events/62071-tides-may-be-turning-in-the-global-wheat-trade.md) | -0.9% | +3.4% |
| WHEAT | 2025-09-30 | [Russian wheat export prices rise on import demand - Markets - Business Recorder](https://feedsoft.ai/events/22955-russian-wheat-export-prices-rise-on-import-demand-markets-business-recorder.md) | +0.4% | +5.9% |
| WHEAT | 2022-05-16 | [Wheat prices rise almost 6% as India export ban shakes markets](https://feedsoft.ai/events/41451-wheat-prices-rise-almost-6-as-india-export-ban-shakes-markets.md) | +4.0% | -0.3% |
| WHEAT | 2019-01-22 | [Wheat ETF Gains as China Reopens Trade, Russia Curbs Exports \| ETF Trends](https://feedsoft.ai/events/7651-wheat-etf-gains-as-china-reopens-trade-russia-curbs-exports-etf-trends.md) | -0.0% | -2.1% |

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/9388775/australian-wheat-growers-face-risk-from-russian-export-slump/

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