# Wheat Futures Recover on Russia-Ukraine Strife -- Daily Grain Highlights

> December Chicago wheat rose 1.5% to $5.93 1/4 a bushel as Russia and Ukraine kept up strikes after talks failed to ease Black Sea tensions. Brazil cut its 2026 wheat output estimate to 5.3 million tonnes, while Argentina's Rosario exchange raised its forecast to 24.3 million tonnes. USDA data showed corn and soybean export sales, with wheat sales falling 66% to a marketing-year low.

- Date: 2026-11-13 · published 2026-11-13T21:05:52.332Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/98408-wheat-futures-recover-on-russia-ukraine-strife-daily-grain-highlights
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Continued Black Sea strikes and no deal on shipping keep a risk premium in wheat, supporting prices and feed grain costs for buyers. Brazil's smaller crop is offset in part by Argentina's larger forecast, leaving the net supply effect modest.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-05-20 | [Wheat Futures Surge on Russian Crop Worries -- Daily Grain Highlights](https://feedsoft.ai/events/4597-wheat-futures-surge-on-russian-crop-worries-daily-grain-highlights.md) | +19.7% | +8.5% |
| WHEAT | 2023-02-10 | [U.S. Wheat Futures Jump on Ukraine, Russia Shipment Concerns](https://feedsoft.ai/events/37376-u-s-wheat-futures-jump-on-ukraine-russia-shipment-concerns.md) | -2.5% | -9.0% |
| WHEAT | 2022-06-09 | [Wheat futures surge after Russia strikes Ukrainian grain terminal - Fastmarkets](https://feedsoft.ai/events/40980-wheat-futures-surge-after-russia-strikes-ukrainian-grain-terminal-fastmarkets.md) | +1.2% | -8.1% |
| WHEAT | 2022-03-03 | [Russia-Ukraine conflict highlights wheat supply vulnerability](https://feedsoft.ai/events/42306-russia-ukraine-conflict-highlights-wheat-supply-vulnerability.md) | +4.9% | +19.4% |
| WHEAT | 2026-09-23 | [Wheat buyers brace for higher costs as Russia-Ukraine war drags on \| Reuters](https://feedsoft.ai/events/9691-wheat-buyers-brace-for-higher-costs-as-russia-ukraine-war-drags-on-reuters.md) | -2.7% | -2.8% |
| CORN | 2024-05-20 | [Wheat Futures Surge on Russian Crop Worries -- Daily Grain Highlights](https://feedsoft.ai/events/4597-wheat-futures-surge-on-russian-crop-worries-daily-grain-highlights.md) | +1.9% | +5.4% |
| CORN | 2023-02-10 | [U.S. Wheat Futures Jump on Ukraine, Russia Shipment Concerns](https://feedsoft.ai/events/37376-u-s-wheat-futures-jump-on-ukraine-russia-shipment-concerns.md) | -0.6% | -6.0% |
| CORN | 2025-12-22 | [U.S. grains: Wheat leads grains higher with Russian strikes in focus - Grainews](https://feedsoft.ai/events/21539-u-s-grains-wheat-leads-grains-higher-with-russian-strikes-in-focus-grainews.md) | -0.6% | -3.4% |

## Sources

- au.marketscreener.com: https://au.marketscreener.com/news/wheat-futures-recover-on-russia-ukraine-strife-daily-grain-highlights-ce785eded98afe23

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