Wheat prices rose sharply after the Russian drone attack on the port of Reni

After the attack of Russian kamikaze drones on the grain infrastructure in the port of Rhenia, the prices of wheat rose sharply.

Wheat rose in price at Chicago trading after Russia attacked the port of Reni on the Danube on the night of August 16, Bloomberg reports.

So, wheat futures rose 1.3% to $6.37/bushel after falling 6% over the past three sessions.

Earlier this month, Russian drones already attacked ports on the Danube, including Izmail. Such attacks risk harming Ukraine’s trade potential in the long term.

The attack on the port of Rhenia was condemned by the Minister of Foreign Affairs of Romania, Luminita Odobescu, who accused Russia of violating international law.

“I strongly condemn the ongoing Russian attacks on innocent people, civilian infrastructure, including grain silos in the Ukrainian ports of Reni and Izmail. With these flagrant violations of international law, Russia continues to endanger world food security and the safety of shipping in the Black Sea,” Odobescu wrote.

We will remind you that on the night of August 16, Russian troops attacked the port infrastructure of Odesa Region with Shahed-136/131 type UAVs. Odesa Regional Military Administration noted that the main goal of the Russians was the port and grain infrastructure in the south of the region.

The head of the President’s Office, Andriy Yermak, clarified that постраждав Ренійський МТП.  the Reni MTP was affected. A Russian drone hit two hangar-type metal warehouses; two tractors and meal caught fire in a warehouse with an area of 10 m2, located nearby. There are no dead or injured.

Later, the rescuers published photos of the liquidation of the consequences of the Russian attack on the port infrastructure.

Previously, USM reported that on the night of August 2, the Russians attacked with drones the objects of the port and industrial infrastructure of the Danube in Odesa. The occupiers destroyed the elevator, grain hangars, tanks of one of the cargo terminals, production, warehouse and administrative premises.

As a result of the attack, 40,000 tons of grain, which was expected by African countries, as well as China and Israel, were destroyed.