
Iran set duty-free import quotas for 2026 from EAEU countries of 3 million tonnes of wheat and 1.5 million tonnes of barley, with Russia receiving 2.25 million tonnes of wheat quota. Quotas are distributed among customs posts in Mazandaran, Gilan, Golestan and Razavi Khorasan provinces, and the exemption applies to all customs points.
The duty-free quota creates firm import demand for Russian and Kazakh grain, supporting Black Sea wheat and barley 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.