# Russia-Ukraine Talks Create Cautious Expectations in Grain Markets

> Russian and Ukrainian representatives met in Abu Dhabi on Tuesday and Wednesday under U.S. mediation, reporting progress but few concrete results. Grain prices eased, with Chicago wheat below $6 a bushel and Euronext wheat hitting its lowest level since July, while USDA sees combined Russia and Ukraine wheat exports at 50.5 million tonnes, more than 50% below last year.

- Date: 2026-11-12 · published 2026-11-14T01:38:02.970Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/98788-russia-ukraine-talks-create-cautious-expectations-in-grain-markets
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Hopes of a Black Sea settlement lower the geopolitical risk premium on wheat, but exports remain constrained by shipping problems, so the price pressure may not last if talks stall.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-06-23 | [Russia, Turkey to pursue talks on Ukraine grain exports](https://feedsoft.ai/events/14476-russia-turkey-to-pursue-talks-on-ukraine-grain-exports.md) | +1.7% | -4.4% |
| WHEAT | 2022-05-26 | [Turkey in talks with Russia, Ukraine over grain-export corridor](https://feedsoft.ai/events/14488-turkey-in-talks-with-russia-ukraine-over-grain-export-corridor.md) | -1.9% | -2.9% |
| WHEAT | 2022-05-31 | [Turkey, Russia to discuss Ukraine exports corridor in talks on June 8 \| Reuters](https://feedsoft.ai/events/14486-turkey-russia-to-discuss-ukraine-exports-corridor-in-talks-on-june-8-reuters.md) | -1.4% | -1.3% |
| WHEAT | 2021-02-21 | [Ukraine, Russia ink deal to export grain on Black Sea](https://feedsoft.ai/events/48492-ukraine-russia-ink-deal-to-export-grain-on-black-sea.md) | +0.7% | -0.7% |
| WHEAT | 2022-06-06 | [Ukraine Cautious as Turkey, Russia Push to Restart Black Sea Grain Shipments - Bloomberg](https://feedsoft.ai/events/14483-ukraine-cautious-as-turkey-russia-push-to-restart-black-sea-grain-shipments.md) | +0.1% | -0.9% |
| CORN | 2022-06-23 | [Russia, Turkey to pursue talks on Ukraine grain exports](https://feedsoft.ai/events/14476-russia-turkey-to-pursue-talks-on-ukraine-grain-exports.md) | +1.6% | -10.7% |
| CORN | 2022-05-26 | [Turkey in talks with Russia, Ukraine over grain-export corridor](https://feedsoft.ai/events/14488-turkey-in-talks-with-russia-ukraine-over-grain-export-corridor.md) | -4.6% | -3.2% |
| CORN | 2022-05-31 | [Turkey, Russia to discuss Ukraine exports corridor in talks on June 8 \| Reuters](https://feedsoft.ai/events/14486-turkey-russia-to-discuss-ukraine-exports-corridor-in-talks-on-june-8-reuters.md) | -0.8% | -2.6% |

## Sources

- agroajans.com: https://agroajans.com/haber/rusya-ukrayna-gorusmeleri-tahil-piyasalarinda-temkinli-beklenti-yaratti

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