Wheat Prices Jump Higher As Ukraine Threatens Retaliation Against Ships Going To Russian Ports

With as of Monday the Black Sea Initiative grain deal effectively having collapsed, Russia has been warning that ships traveling to Ukraine’s Black Sea ports will be seen as potential military targets.  The dire warning came after Ukraine’s government said it would persist in its grain and food exports via a temporary shipping route. A Wednesday statement from the Russian defense ministry (MoD) had announced “the flag countries of such ships will be considered parties to the