Why the death of Ukraine’s grain deal is not moving wheat markets

IN THE EARLY morning darkness on July 17th, two explosions knocked out a section of the that forms the sole link between Crimea and mainland Russia. Reportedly carried out by naval drones, it was Ukraine’s second successful attack on the bridge. Russia responded by firing cruise missiles at Odessa. It also confirmed it would be withdrawing from under which it had allowed Ukraine to export grain by ship across the Black Sea.