
A Russian missile strike hit the Guinea-Bissau-flagged Golden Leo, a ship carrying corn near Odesa, killing 10 people. Ukraine's navy said three cruise missiles hit the vessel, and eight crew were rescued.
Attacks on ships carrying grain raise insurance and freight costs and deter shipowners, tightening Ukrainian corn export flows and supporting corn prices.
After 323 past bullish geopolitics events, Corn moved a median +0.5% over 5 sessions (57% higher; middle half -1.5% to +2.9%), and +0.9% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.