Russia's Agriculture Ministry has formally proposed a 12-month moratorium on bankruptcy proceedings for grain producers after export bottlenecks caused a domestic price collapse, while EU and Black Sea physical wheat prices remained broadly flat. The Ministry of Economic Development has raised concerns about systemic financial risks, requesting evidence of exceptional circumstances before endorsing the measure.
Ukrainian wheat prices remain depressed but stable as Black Sea export logistics keep volumes well below capacity, while German feed wheat trades sideways at elevated levels. The discount of Ukrainian origins to Western European benchmarks is expected to persist into early October 2026.
Tunisia's state grains agency has purchased around 125,000 tonnes of soft wheat at $311.72–314.23/tonne C&F for October–December shipment, setting a clear pricing floor for Mediterranean destinations and limiting near-term downside for Black Sea and EU export origins.