# Interventions are slow: 3 million tonnes against a 42 million tonne surplus

> Russian state grain purchase interventions began on 29 October 2026 with a planned volume of up to 3 million tonnes of class 3-4 wheat and rye, at 11,100 roubles per tonne excluding VAT. Purchases slowed sharply, with 5,400 tonnes bought on 9 November, and the intervention fund stands at 3.7 million tonnes. Unsold surplus grain that cannot be exported is estimated at 42 million tonnes.

- Date: 2026-11-13 · published 2026-11-13T19:37:58.259Z
- Category: policy · region Russia · magnitude low
- Page: https://feedsoft.ai/events/98387-interventions-are-slow-3-million-tonnes-against-a-42-million-tonne-surplus
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Small state buying does little to absorb the large surplus that exporters cannot move, so domestic wheat prices stay under pressure and support for global wheat values remains limited.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-04-20 | [India doubles wheat export quota to 5 million tonnes - The HinduBusinessLine](https://feedsoft.ai/events/19701-india-doubles-wheat-export-quota-to-5-million-tonnes-the-hindubusinessline.md) | -0.3% | +0.0% |
| WHEAT | 2017-10-09 | [Surplus Wheat production resulting in heavy losses](https://feedsoft.ai/events/68437-surplus-wheat-production-resulting-in-heavy-losses.md) | +4.9% | +0.5% |
| WHEAT | 2021-04-10 | [Once Again, the Centre Has Excess Wheat, Rice Stocks. What Are Its Options? - The Wire](https://feedsoft.ai/events/47568-once-again-the-centre-has-excess-wheat-rice-stocks-what-are-its-options-the-wire.md) | -3.9% | -1.5% |
| WHEAT | 2026-07-26 | [Global wheat rally revives India's export prospects as government allows 5 million tonnes of wheat exports after a four-year ban - The Economic Times](https://feedsoft.ai/events/18287-global-wheat-rally-revives-india-s-export-prospects-as-government-allows-5.md) | -2.4% | +2.9% |
| WHEAT | 2025-12-09 | [Milei Is Cutting Export Taxes on Argentine Soy, Corn and Wheat - Bloomberg](https://feedsoft.ai/events/13819-milei-is-cutting-export-taxes-on-argentine-soy-corn-and-wheat-bloomberg.md) | +0.0% | +0.7% |

## Sources

- altkres.ru: https://altkres.ru/2026/11/13/intervenczii-idut-medlenno-3-mln-tonn-protiv-42-mln-tonn-izbytka/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.