Ad hoc commentary

Saudi Arabia Cancels Wheat Tender as Prices Surge

The absence of competitive Black Sea wheat is starting to disrupt international tenders, according to the latest SovEcon report. Saudi …

Russian Wheat Exports Start 2026/27 at Half Last Year’s Pace

Russian wheat exports are expected to remain around 2.0 mmt in September, compared with 4.6 mmt a year earlier, according …

Russia May Suspend Wheat Export Duty

Russia is likely to suspend its floating grain export duties through the end of 2026. The Agriculture Ministry is preparing …

Russian Wheat Exports Set for Lowest August Since 2010

Russian wheat exports are set to fall sharply in August as disruptions at key Black Sea ports continue to restrict …

August Wheat Exports Could Be Lowest Since 2016/17

Black Sea disruptions and weak demand weigh on shipments

Russia wheat exports in July lowest since 2017/18

Russian wheat exports totaled an estimated 1.6 mmt in July, the lowest for the month since 2017/18, according to a …

Russia grain export forecast cut as Azov navigation remains closed

SovEcon has cut its forecast for Russia’s 2026/27 wheat exports to 44.6 mmt from 46.5 mmt as navigation in the …

Russia wheat crop forecast cut to 88.3 mmt

SovEcon has cut its 2026 Russian wheat crop forecast to 88.3 mmt from 88.9 mmt, according to the company’s latest …

New-season Russian wheat export forecast raised on larger stocks

Larger carry-in stocks are expected to support Russian wheat exports in 2026/27 despite a smaller crop and muted early-season demand.

Russia starts new harvest with wheat yields up 29% y/y

Early harvest data from southern Russia show wheat and barley yields above last year after favorable weather.