WASHINGTON, D.C. (RFD-TV) — Fighting between Russia and Ukraine continues to disrupt wheat shipments from the Black Sea region, creating uncertainty in global grain markets.
AgMarket economist Matt Bennett says the challenge for wheat prices is that buyers know the supplies exist, even as the conflict makes moving grain more difficult and expensive.
“If it can’t be as efficient, you’ve got to understand that’s gonna make it more expensive for people out there on the global market. That could be problematic actually for wheat prices. If you struggle to be able to get it to move, but you still know it’s there. That’s what we’ve dealt with. We we just it’s there. They know it’s there. So people have been unwilling to go pay up for someone else’s wheat, particularly U.S. wheat.”
The market uncertainty comes as Russia and Ukraine meet for U.S.-brokered peace talks in Abu Dhabi on November 10 and 11.
Strong demand from China could help support soybean prices following last month’s decline.
November 10, 2026 03:28 PM
·
StoneX Chief Commodities Economist Arlan Suderman says traders will be watching demand, South American weather, and geopolitical developments for the next market signals.
November 10, 2026 02:00 PM
·
The proposal would simplify grazing permits and extend their duration.
November 10, 2026 12:18 PM
·
USDA’s Grain Transportation Report says the average Class I railroad fuel surcharge climbed to 76 cents per mile in November, up 231 percent from April.
November 10, 2026 12:00 PM
·
Texas A&M AgriLife Extension grain marketing economist Mark Welch says 40 days of use has become an important dividing line for corn prices
November 10, 2026 11:00 AM
·
Economist Lee Schulz says developing new markets while maintaining existing ones can help support the industry.
November 10, 2026 07:00 AM
·
