Wheat prices rose sharply on international markets following the strike by a Russian drone against a Ukrainian port on the Danube River.
One grain silo at the port of Reni was hit and substantially damaged, according to geolocated images and video.
At 9 a.m. ET, the price of wheat for September delivery on the Chicago exchange was nearly 6% higher than the previous close.
Markets are concerned about a tightening supply situation following the collapse of the Black Sea grain initiative last week and a sequence of Russian drone attacks against Ukrainian port infrastructure.