← Fertilizers & Food
Critical node· Fertilizers & Food · Critical anchor
Russian wheat, Black Sea
Rostov-sur-le-Don, Russia47.24°N 39.71°E
computed criticality21/100
reading
~24% of world wheat exports (2023/24)
2024Market priceWheat · ¢/bu
683¢/bu
▲11% over 30dthis week ▲ 8%
Not refreshed for 65 dSource : Yahoo Finance (indicatif, retardé) ↗
Indicative delayed market price: a tension gauge, distinct from the physical flow. A rise signals the input tightening.
Fault line
Russia is by far the world's leading wheat exporter, shipped mostly through Black Sea ports. Much of North Africa and the Middle East depends on a single origin and a single passage, the Bosphorus.
Actors
exporters via Novorossiysk
Feeds 4
Bosphorus and DardanellesChokepoints↗Wheat, Egypt (GASC, Cairo)Fertilizers & Food↗Black Sea grain, Odesa (Ukraine)Fertilizers & Food↗ABCD traders, Cargill, MinneapolisFertilizers & Food↗Sources
USDA FAS, Grain World Markets 2024