# Wheat prices rise again amid escalating tensions in the Black Sea

> CBOT wheat rose 1.5% on November 13 to $5.93 1/4 per bushel after renewed strikes by Russia and Ukraine followed failed talks on easing Black Sea tensions and securing safe shipping. Brazil's Conab cut its 2026 wheat estimate from 5.7 to 5.3 million tons, while Argentina's Rosario exchange raised its forecast from 23.8 to 24.3 million tons. Soybeans gained 1% and corn 0.7%.

- Date: 2026-11-14 · published 2026-11-14T15:05:48.955Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/99527-wheat-prices-rise-again-amid-escalating-tensions-in-the-black-sea
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Renewed Black Sea disruption threatens wheat export flows and supports wheat prices, while Brazil's smaller crop tightens South American supply, partly offset by Argentina's larger forecast. Corn and soybean gains add upward pressure on feed grain costs for buyers.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-05-05 | [Black Sea tensions keep grain prices afloat](https://feedsoft.ai/events/7385-black-sea-tensions-keep-grain-prices-afloat.md) | -1.9% | -5.2% |
| WHEAT | 2026-08-31 | [Wheat: Black Sea risks are driving up wheat prices](https://feedsoft.ai/events/17937-wheat-black-sea-risks-are-driving-up-wheat-prices.md) | +2.2% | +6.1% |
| WHEAT | 2023-05-05 | [Wheat prices surge as Kremlin drone attack stokes Black Sea tensions](https://feedsoft.ai/events/7380-wheat-prices-surge-as-kremlin-drone-attack-stokes-black-sea-tensions.md) | -1.9% | -5.2% |
| WHEAT | 2019-12-31 | [The Black Sea May Be the Key to Higher Wheat Prices - ProAg](https://feedsoft.ai/events/55128-the-black-sea-may-be-the-key-to-higher-wheat-prices-proag.md) | +0.6% | -2.3% |
| WHEAT | 2026-07-29 | [Wheat futures rise on Black Sea export disruptions By Investing.com](https://feedsoft.ai/events/18403-wheat-futures-rise-on-black-sea-export-disruptions-by-investing-com.md) | -1.4% | +2.4% |
| KWHEAT | 2026-08-31 | [Wheat: Black Sea risks are driving up wheat prices](https://feedsoft.ai/events/17937-wheat-black-sea-risks-are-driving-up-wheat-prices.md) | -5.0% | -9.9% |
| KWHEAT | 2019-12-31 | [The Black Sea May Be the Key to Higher Wheat Prices - ProAg](https://feedsoft.ai/events/55128-the-black-sea-may-be-the-key-to-higher-wheat-prices-proag.md) | -1.1% | -1.8% |
| KWHEAT | 2026-07-29 | [Wheat futures rise on Black Sea export disruptions By Investing.com](https://feedsoft.ai/events/18403-wheat-futures-rise-on-black-sea-export-disruptions-by-investing-com.md) | -2.7% | +3.9% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/wheat-prices-rise-again-amid-escalating-tensions-in-the-black-sea/

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