Wheat rises as Black Sea attacks add to concerns over crop exports

Published Dec 23, 2025

Tridge summary

Grain and oilseed futures edged up in the US, as attacks on both Ukrainian and Russian infrastructure added to fresh worries over crop exports from the key Black Sea region. Russia stepped up attacks at Ukraine’s Odesa ports in the Black Sea, including Pivdennyi, the country’s largest. A shipping terminal belonging to oilseed firm Allseeds

Original content

was attacked over the weekend, and the facility was damaged, according to a spokesperson for Vice Prime Minister Oleksiy Kuleba. The company confirmed that its terminal came under bombardment on Dec 20 and at least one person was killed. “The strike caused extensive damage, including significant fires on site, the destruction of thousands of tons of stored sunflower oil, and damage to critical infrastructure,” Allseeds said on its website. Russia again delivered a strike at Pivdennyi port overnight, Kuleba said. Thirty containers with flour and vegetable oil caught fire after the attack. Meanwhile, Russia said a drone attack damaged infrastructure and vessels at the Black Sea port of Taman, which handles products including grains, fertilisers and oil. The assault struck two tankers and two piers at the port’s Volna settlement, local authorities said on Telegram. They added that one connecting pipeline at the terminal and two storage tanks were also damaged. Ukraine and Russia are ...

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