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
BLACK SEA OIL TRADE: Straight Talk on the 2024/25 Season and 2025/26 Projections
US winter wheat harvest accelerates
USAID to cease providing foreign aid on July 1 — programs transferred to State Dep...
Wheat prices in Ukraine continue to rise, although stock exchange quotes fell by 3...
US may lift tariffs on products it cannot supply itself with
Write to us
Our manager will contact you soon