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Russian wheat export quotations have dropped about 7% over roughly two and a half weeks. SovEcon put Baltic-port FOB prices at $257 per tonne for the week of November 2 to 8, down $4, and an analyst estimated about $251 currently.
Argentine, Australian and French wheat also fell that week.
Easing Black Sea shipping constraints, better Argentine and Australian crop prospects and weaker buying from major importers are pressuring wheat prices. Lower wheat values weigh on feed-grain alternatives and cheapen wheat as a feed ingredient.
bytpro.ruNov 11, 2026Not 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.
