Russian shelling of the ports of Odesa and Danube caused a jump in wheat prices
Wheat prices have jumped on international markets after a Russian drone strike on a Ukrainian port on the Danube River and the shelling of the Odesa seaport.
On Monday morning, the price of wheat for September delivery on the Chicago Board of Trade was almost 6% higher than at the previous close.
Global markets are concerned about the deteriorating grain supply situation following Russia’s withdrawal from the Black Sea Grain Initiative last week and a series of Russian drone attacks on Ukrainian port infrastructure.
Read also
Victoria Golubyatnikova, SGS – Speaker at BLACK SEA OIL TRADE-2025, Bucharest
Over 700 thsd tons of Ukrainian grain were exported
Moldovan government approves sale of Giurgiuleşti port to Romania
In Central Russia, oilseed crops overtook wheat in terms of sown area for the firs...
Sunflower seeds harvest forecasts: Drought hits Ukraine, while Russia and Kazakhst...
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon