Wheat, barley prices hit 2024 lows after Ukrainian strikes on…

Prices for wheat and barley have reached the lowest levels since 2024 amid Ukrainian strikes on Novorossiysk, according to...

Consensus

Prices for wheat and barley reached their lowest levels since early 2024.
Ukrainian drone strikes on terminals in Novorossiysk occurred in the night of August 12.
Rail transport to the Novorossiysk port was completely halted after the strike.
Grain exports through Kuban ports are significantly hindered due to attacks on Novorossiysk and the Azov-Don Canal.
The harvest in Rostov Oblast reached a record 13.6 million tons.
Most grain in Rostov Oblast is currently stored on warehouses due to export difficulties.