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Russian wheat exports reached a record 3.3 million tonnes in October 2026, the highest monthly level since the 2026/27 season began in July, according to analytics firm Rusagrotrans. Egypt, Nigeria, Iran, Azerbaijan and Kenya are the main buyers so far this season, and November exports are forecast at 3.15 million tonnes.
World wheat prices fell from November 4 to 10, with CBOT and KC December futures down 2% and 1.8%.
Strong Russian export flows add supply to the world market, and the falling futures and physical prices reflect that pressure, which is bearish for wheat buyers' costs to expect ease in the near term.
profinance.ruПолинNov 12, 2026After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% 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.
