# Grain markets hang on Kyiv-Moscow talks

> Russian and Ukrainian delegations held their first talks in over eight months in Abu Dhabi on Tuesday and Wednesday, under US mediation, raising hopes for a resumption of Black Sea shipping. Chicago wheat trades below 6 dollars a bushel and Euronext wheat at 234.50 EUR per tonne after falling to 223 EUR, its lowest since July, while US corn is near 4.47 dollars a bushel.

- Date: 2026-11-11 · published 2026-11-12T01:38:10.682Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/94704-grain-markets-hang-on-kyiv-moscow-talks
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Hopes of restored Black Sea port traffic are pressuring wheat and corn prices, but traders say the optimism may be premature without concrete outcomes. A genuine reopening of Ukrainian ports would ease export constraints, while a failure would likely revive the price rally.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-06-23 | [Russia, Turkey to pursue talks on Ukraine grain exports](https://feedsoft.ai/events/14476-russia-turkey-to-pursue-talks-on-ukraine-grain-exports.md) | +1.7% | -4.4% |
| WHEAT | 2020-03-02 | [Coronavirus weighs on global grain markets  \| Queensland Country Life \| QLD](https://feedsoft.ai/events/12540-coronavirus-weighs-on-global-grain-markets-queensland-country-life-qld.md) | -0.1% | -4.3% |
| WHEAT | 2022-03-29 | [Wheat: Prices fall on peace talks, low demand \| Latest Market News](https://feedsoft.ai/events/42308-wheat-prices-fall-on-peace-talks-low-demand-latest-market-news.md) | -9.0% | -3.6% |
| WHEAT | 2023-08-23 | [US grain markets bumpy amid global challenges \| World Grain](https://feedsoft.ai/events/34625-us-grain-markets-bumpy-amid-global-challenges-world-grain.md) | -4.8% | -2.0% |
| WHEAT | 2022-05-26 | [Turkey in talks with Russia, Ukraine over grain-export corridor](https://feedsoft.ai/events/14488-turkey-in-talks-with-russia-ukraine-over-grain-export-corridor.md) | -1.9% | -2.9% |
| CORN | 2022-06-23 | [Russia, Turkey to pursue talks on Ukraine grain exports](https://feedsoft.ai/events/14476-russia-turkey-to-pursue-talks-on-ukraine-grain-exports.md) | +1.6% | -10.7% |
| CORN | 2018-06-29 | [Futures File: Oil market on fire; grain prices rally – Greeley Tribune](https://feedsoft.ai/events/11640-futures-file-oil-market-on-fire-grain-prices-rally-greeley-tribune.md) | +2.3% | -0.9% |
| CORN | 2020-03-02 | [Coronavirus weighs on global grain markets  \| Queensland Country Life \| QLD](https://feedsoft.ai/events/12540-coronavirus-weighs-on-global-grain-markets-queensland-country-life-qld.md) | +1.7% | -3.5% |

## Sources

- agri-mutuel.com: https://www.agri-mutuel.com/elevage-peche/les-marches-des-cereales-suspendus-aux-pourparlers-entre-kiev-et-moscou/

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