Ukraine attacks Russian grain export terminals in Black Sea, prompting warning about food markets

Ukraine has launched a heavy drone assault on warships and major Russian grain export terminals in the Black Sea port city of Novorossiysk.

A major Ukrainian attack ‌on Russia's Black Sea port city of Novorossiysk hit warships at a naval base and forced two major grain terminals to halt operations on Wednesday, according to Russian and Ukrainian officials as well as grain industry sources. The Ukrainian attacks killed at least two people, including an 8-ye

Three of Russia’s largest grain terminals in the Black Sea port of Novorossiysk have halted operations after being damaged in a massive overnight drone attack by Ukraine. Grain shipments from Novorossiysk are currently impossible because of serious damage to terminal infrastructure, people familiar with the matter said

A futures broker said, “If the fighting persists in the Black Sea with the logistical problems, then it will be pretty bullish for wheat.”

A "massive" Ukrainian drone and missile strike on Russia's port city of Novorossiysk has damaged grain export terminals and hit the last major Russian naval base on the Black Sea.

Grain exports from both Russia and Ukraine are falling as both countries attack each other's shipping facilities and ports.

Russian authorities declared an emergency after the attack ruptured two water pipelines, sparked fires and disrupted port operations. Ukraine reported hitting air defenses, naval piers and infrastructure at the Novorossiysk base.

Three grain terminals in Russia’s Black Sea port of Novorossiysk were damaged in a massive overnight drone attack, as Ukraine escalated strikes on key maritime infrastructure.