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Russia is increasingly exporting flour instead of wheat to bypass Black Sea port and transport restrictions, since flour needs less cargo tonnage and avoids grain quotas and duties. The Russian Union of Flour Mills and Cereal Plants expects flour exports of 1.5 million tons this season, up from 529 thousand tons last season.
China has raised purchases of Russian flour by 70%.
Flour substitution partly offsets lost wheat shipments but adds competition in processed-product markets, which may cap gains in wheat prices while modestly shifting demand.
ukragroconsult.comNov 12, 2026After 163 past neutral logistics events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.1%), and -0.3% over 20.
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.
