Russian wheat exports to plunge by up to 60% in September, hitting record low since 2010
Russian wheat exports in September could total just 1.8–2.3 million metric tons, less than half of the figure from a year earlier, the Russian analytics firm Sovecon forecasts . If the prediction is accurate, shipments would be the lowest for any September since 2010. Amid export problems, the domestic price of Russian wheat has fallen by more than 40% over the past year. In September 2025,…
Russian wheat exports in September may plummet by up to 60%, according to forecasts from Sovecon, a Russian analytics firm. If the prediction proves true, this would mark the lowest September shipments since 2010. Russian wheat prices have dropped more than 40% in the past year, falling to an average of 7,400 rubles per ton for Class 5 wheat and 8,300 rubles per ton for Class 4 wheat.
The decline began after Ukrainian drones damaged terminals in the Sea of Azov and Black Sea, forcing port closures and reducing exports from just eight ports in early August. Sovecon's director Andrei Sizov expects shipments to recover once alternative routes are established, but low prices could force farmers to reduce their planted areas next year.
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