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International grain prices opened higher on Friday, with wheat up about 11 cents per bushel, soybeans up more than 14 cents, and corn up 5 cents. Wheat's gain followed a Abu Dhabi meeting that reportedly produced only a prisoner exchange and did not reopen the Black Sea grain export corridor.
Analysts also pointed to export demand, currency moves and South American weather.
With the Black Sea corridor still closed, Ukrainian and Russian wheat shipments remain constrained, which supports wheat prices and tightens global supply. Higher soybean and corn prices add to feed cost pressure for buyers.
agrolink.com.brLeonardo GottemsNov 13, 2026After 361 past bullish geopolitics events, Wheat (SRW) moved a median +0.7% over 5 sessions (58% higher; middle half -1.4% to +3.7%), and +1.3% over 20.
After 72 past bullish geopolitics events, Soybeans moved a median +0.4% over 5 sessions (60% higher; middle half -1.0% to +2.5%), and -1.0% over 20.
After 323 past bullish geopolitics events, Corn moved a median +0.5% over 5 sessions (57% higher; middle half -1.5% to +2.9%), and +0.9% 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.
