Is the Russian caused wheat crisis over?

https://ukragroconsult.com/en/news/egypt-bought-wheat-at-a-r…
Yesterday, wheat prices fell another 4.3-5.7% on USDA reports, the results of the tender in Egypt, the acceleration of harvesting in the Northern Hemisphere and low demand for new crops.

July wheat futures on US stock markets fell to pre-war levels in Ukraine, under pressure from bear market news and the expiration of contracts.

Yesterday wheat futures fell:

by 5.7% or $ 17.18 / t to $ 319.2 / t – July futures for soft winter SRW-wheat in Chicago (-20.1% per month),
4% or $ 13.41 / t to $ 348.6 / t – July futures for winter winter HRW wheat in Kansas City (-18.6% per month),
by 3.3% or $ 11.67 / t to $ 362.9 / t – July futures for durum spring HRS-wheat in Minneapolis (-21.48%),
by 0.6% or $ 2.5 / t to $ 379 / t – August futures for Black Sea wheat in Chicago (-3.2%),
by 2.4% or € 8.25 / t to € 350.25 / t or $ 366.3 / t – September wheat futures on Parisian Euronext (-12%).

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Apparently the Ukrainians managed to dislodge the Russians from Snake Island lifting the blockade of Odessa.

https://www.google.com/search?client=safari&rls=en&q…

The Captain

Russia is unloading tons of wheat on the market, as well as tons of pirated Ukrainian Steel and Wheat