Wheat prices rise after Odessa attack; Russia says it targeted Ukraine military

Wheat prices rise after Odessa attack; Russia says it targeted Ukraine military


Kremlin says Odessa strikes hit military infrastructure

A spokesperson for the Kremlin on Monday insisted that the strikes in Odessa at the weekend targeted military infrastructure.

Repeating an earlier statement from the defense ministry, Dmitry Peskov told reporters that the strikes wouldn’t influence the gain exports from the region.

Ukrainian President Volodymyr Zelenskyy called the strikes on Saturday an act of barbarism.

—Matt Clinch

Wheat prices rise after Odessa attack

A fire destroys a wheat field as Russian troops shell fields to prevent local farmers from harvesting grain crops, Polohy district, Zaporizhzhia Region, southeastern Ukraine.

Dmytro Smolyenko | Future Publishing | Getty Images

Wheat futures prices for September on the Chicago Board of Trade were up 3.6% on Monday morning as traders showed caution on a grain export deal signed by Russia and Ukraine last week.

The two countries on Friday signed a U.N.-backed deal to resume exports of Ukrainian grain through the Black Sea. The deal is significant for global food supplies, but also as it’s the first major agreement between the two sides since Moscow launched it’s unprovoked onslaught on Feb. 24.

But Ukraine said Saturday that Russian missiles had hit the southern Ukrainian port of Odesa, throwing that new pact into doubt.

Russia likely struggling to repair combat vehicles, UK says

Posting one of its daily updates on Twitter, Britain’s defense ministry said it has located a Russian military vehicle refit and refurbishment facility near Barvinok, which is in Russia’s Belgorod Oblast, close to the Ukrainian border.

It added that at least 300 damaged vehicles were at the facility, which included armored personnel trucks and tanks.

“In addition to its well documented personnel problems, Russia likely continues to struggle to extract and repair the thousands of combat vehicles which have been damaged in action in Ukraine,” it said in the update.

—Matt Clinch



Source

Trump’s new travel ban set to take effect amid escalating tension over immigration enforcement
Politics

Trump’s new travel ban set to take effect amid escalating tension over immigration enforcement

FILE PHOTO: An international traveler arrives after U.S. President Donald Trump’s executive order travel ban at Logan Airport in Boston, Massachusetts, U.S. January 30, 2017. REUTERS/Brian Snyder/File Photo Brian Snyder | Reuters President Donald Trump’s new ban on travel to the U.S. by citizens from 12 mainly African and Middle Eastern countries is set to […]

Read More
Speaker Johnson hopes Musk and Trump can ‘reconcile’ their differences after public fallout
Politics

Speaker Johnson hopes Musk and Trump can ‘reconcile’ their differences after public fallout

US Speaker of the House Mike Johnson, Republican from Louisiana, speaks during a news conference after a House Republican conference meeting on Capitol Hill in Washington, DC on June 4, 2025. Saul Loeb | Afp | Getty Images House Speaker Mike Johnson said Sunday that he hopes President Donald Trump and Elon Musk can “reconcile” […]

Read More
What to know about Trump’s deployment of National Guard troops to L.A. protests
Politics

What to know about Trump’s deployment of National Guard troops to L.A. protests

President Donald Trump says he’s deploying 2,000 California National Guard troops to Los Angeles to respond to immigration protests, over the objections of California Gov. Gavin Newsom. It’s not the first time Trump has activated the National Guard to quell protests. In 2020, he asked governors of several states to send troops to Washington, D.C. […]

Read More