
Iran authorized duty-free imports in 2026 of 3 million tonnes of wheat and 1.5 million tonnes of barley from Eurasian Economic Union countries. Quotas are allocated mainly to Russia (2.25 Mt wheat), Kazakhstan (0.7 Mt wheat) and Belarus (0.05 Mt wheat), enforced through customs posts in four provinces.
Iran is a sizeable grain importer, so a tariff-free quota adds documented demand for Russian and Kazakh wheat and barley, mildly supportive for Black Sea export prices.
After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.
Not 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.