Attacks on Ukraine make the grain market nervous

The Black Sea region has a major influence on sentiment in the wheat market. Russia carried out targeted attacks last weekend to paralyze grain exports from Ukraine. In Russia, Ukraine's attacks also have major consequences for the economy. In addition to the war, drought is causing a more or less firm undertone in the market. That is playing out not only in parts of Europe but also in the US, as this week's Crop Progress report shows.