By Michael Snyder/End of the American Dream
August 26, 2026
Asian processors booked between 2 million and 2.5 million tons of Black Sea wheat for delivery from July through September, representing about 30% to 50% of regional import demand, according to Singapore-based traders. Traders are fretting over some grain shipments won’t arrive in time because of the widespread disruptions.
At the importer level, Egypt and Indonesia are among some of the top countries exposed to Black Sea shipments. Egypt, the world’s largest wheat importer, sourced more than 82% of its first-half imports from Russia and Ukraine. Indonesia contracted for roughly 600,000 tons from suppliers in the region for delivery in July to September.
One Singapore-based trader who sells Black Sea wheat to millers in Asia told the outlet, “The cargoes were due to start arriving from mid-August, but many ships could not go in to load. Buyers are thinking about replacing some of these cargoes with other origins, such as Australia, North America and Argentina.”
Meanwhile, the wheat harvest in the United States is going to be very disappointing this year.
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