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Russian and Ukrainian wheat shipping costs rise 110
Russian and Ukrainian wheat shipping prices rose significantly during September 2026, experiencing an increase of up to 110% due to escalated attacks on the Black Sea ports. This led to the price per ton reaching approximately $320, marking an increase of around 18.5% compared to the beginning of the month. This escalation halted most export operations via Russian ports, the world's largest wheat exporter, and impacted Egypt's wheat import costs, as the country heavily depends on Russia and Ukraine. Despite the rising prices, Egypt confirmed that its current stockpile is sufficient until March 2027, with expectations of returning to imports from alternative sources amid ongoing tensions.
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