The price of wheat increased sharply after the attack on Odesa.

The increase resulted from Russia’s missile attack on the Ukrainian port of Odesa, which raised doubts about the possibility of implementing the agreement reached last week on opening a corridor for the export of grain, writes Reuters. Specifically, wheat futures on the Chicago Mercantile Exchange rose nearly 4% to $7.86 a bushel, recovering most of the loss from July 22,  when prices fell nearly 6% after the deal was announced.