Russian Grain Markets: 6–10 July 2026 New-crop price formation remained underway during the week, with bearish price movement concentrated in southern Russia and the Volga Valley, where harvest begins first and export access is strongest. Price volatility remains elevated across producing regions but should moderate as harvest progresses. Delayed harvesting, however, could allow farmers to capture higher prices if markets strengthen before harvest accelerates. Near-term market sentiment remains bearish because of large carryover stocks, the arrival of the new crop, and weaker global wheat demand. Many key importers are harvesting their own crops before determining import requirements for the new marketing year. Russian analysts lowere...