Pyotr Kozlov

Ukraine’s agricultural sector suffered direct losses of more than $11 billion as Russian drone strikes intensified sharply at the end of last year, according to Deputy Economy Minister Taras Vysotskyi.

Europe is set to suffer one of its sharpest ever declines in grain production as extreme weather and geopolitical tensions converge to pile pressure on farmers.

Ukraine’s agricultural shipments could fall by more than half this season after Russian attacks disrupted Black Sea ports, threatening the country’s biggest source of export revenue.

Black Sea grain exports are facing fresh constraints as record-low Danube levels restrict flows through Romania just as escalating Russian strikes divert Ukrainian grain from Odesa and other ports.

At least five grain ships have been attacked near the Russian Black Sea ports of Novorossiysk and Tuapse as Moscow struggles to continue exporting grain amid heightened Ukrainian strikes, according to people familiar with the matter.

Russia and Ukraine have stepped up attacks on each other's commercial ships and ports in the Black Sea area, raising concerns about global grain supplies.

The world’s top container shipper MSC Mediterranean Shipping Co. has suspended new bookings to and from Russia’s Novorossiysk port with immediate effect after one of its vessels was attacked by a drone.

Baltic grain exporters are seeing a boost in demand as blocked supplies from the Black Sea region are spurring buyers to seek alternative sources.

Saudi Arabia’s biggest barley buyer is shifting away from a key source of supply as the Russia-Ukraine war disrupts shipments from one of the world’s major breadbasket regions.