Russian Grain Markets: 3–7 August 2026 The Russian grain market continued to decline during the first week of August following the closure of the Azov and Don ports and restrictions on Black Sea trade linked to the war in Ukraine. Regular air attacks on infrastructure and vessels have further disrupted logistics and export activity. The disruption has prompted exporters to pause purchases in both the Azov and Black Sea regions, causing internal trade to weaken sharply. Russia remains highly dependent on exports, particularly wheat. With ABCD companies not currently active in Russia and alternative trading activity limited, the market has few outlets for grain. Kazakhstan has also closed its borders to Russian wheat. The combination of...