Russian missile attacks on the Black Sea port of Odessa, despite a previous agreement to allow grain shipments and ease the global food crisis, have raised concerns about the deal's credibility. The attacks, while not targeting the grain silos, have led to questions about Russia's commitment to the agreement and the potential impact on shipping and insurance. Meanwhile, extreme heat and drought conditions in the U.S. and Europe are causing significant stress to agricultural areas, affecting crops and livestock. In Italy, the drought is expected to result in a 30% drop in yields, impacting the country's staple foods.