# Wheat Rises on Lack of Russia-Ukraine Black Sea Deal -- Daily Grain Highlights

> December Chicago wheat rose 1.1% to $5.99 1/2 a bushel after Russia-Ukraine talks failed to produce an agreement to reopen Black Sea shipping. AgResource said conflict escalation is possible as both sides seek leverage, which could cut Russia's monthly wheat exports from their estimated 3 million metric tons. Soybeans edged up and December corn fell 0.2%.

- Date: 2026-11-11 · published 2026-11-12T00:09:05.519Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/94339-wheat-rises-on-lack-of-russia-ukraine-black-sea-deal-daily-grain-highlights
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

With Black Sea grain transit still unsafe, Russian and Ukrainian export flows remain constrained, supporting wheat prices and tightening supply for feed buyers. Any new attacks on Baltic export ports would add further upside risk.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-05-20 | [Wheat Futures Surge on Russian Crop Worries -- Daily Grain Highlights](https://feedsoft.ai/events/4597-wheat-futures-surge-on-russian-crop-worries-daily-grain-highlights.md) | +19.7% | +8.5% |
| WHEAT | 2022-02-28 | [Wheat Continues Surge on Black Sea Supply Concerns as Ukraine-Russia Crisis Continues](https://feedsoft.ai/events/42754-wheat-continues-surge-on-black-sea-supply-concerns-as-ukraine-russia-crisis.md) | +12.1% | +26.0% |
| WHEAT | 2023-03-17 | [Russia Still Slow-Walking Ukraine Food Exports in Black Sea Grain Deal](https://feedsoft.ai/events/14410-russia-still-slow-walking-ukraine-food-exports-in-black-sea-grain-deal.md) | -3.7% | -6.8% |
| WHEAT | 2024-11-27 | [How much Black Sea wheat is at risk of disruption? Grain market daily  \| AHDB](https://feedsoft.ai/events/14251-how-much-black-sea-wheat-is-at-risk-of-disruption-grain-market-daily-ahdb.md) | -0.1% | +2.1% |
| WHEAT | 2023-06-01 | [Ukraine says Russia again blocking Black Sea grain export deal \| Reuters](https://feedsoft.ai/events/14384-ukraine-says-russia-again-blocking-black-sea-grain-export-deal-reuters.md) | -3.6% | +8.1% |

## Sources

- ca.marketscreener.com: https://ca.marketscreener.com/news/wheat-rises-on-lack-of-russia-ukraine-black-sea-deal-daily-grain-highlights-ce785edbd18df02d

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