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Russian grain seaborne exports fell to 2.3 million tonnes in October 2026, about one-third of the 7 million tonnes shipped a year earlier. Baltic ports gained share, carrying about two-thirds of volumes, while Black and Azov Sea shipments nearly collapsed to 130,500 tonnes.
Russia is a major wheat supplier, and the sharp drop in Black Sea shipments removes supply from world markets, with Egypt's purchases falling sharply. Buyers may shift to other origins, which supports wheat prices.
schweizerbauer.chNov 13, 2026After 283 past bullish logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.4% to +1.3%), and -0.1% over 20.
After 285 past bullish logistics events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.5%), and +0.8% 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.
