Grain exports from Russia’s Black Sea port of Novorossiysk have been suspended after three major terminals were heavily damaged in a Ukrainian drone attack. A loading gallery at United Grain Co.’s Novorossiysk Grain Plant collapsed and several silos were damaged, while Demetra’s terminal also saw damage to its loading gallery and truck unloading facility, people familiar with the matter said. The KSK terminal was also hit. The disruption during the harvest season has raised supply concerns, helping Chicago wheat futures surge as much as 4% for the biggest intraday gain in three weeks.

Outlook Therapeutics said it priced a public offering at $0.99 per share of common stock along with warrants, with the warrants exercisable at $1.10 per share immediately and expiring in five years. The company expects gross proceeds of about $55.0 million, with net proceeds intended for general corporate purposes and to support regulatory approvals for its wet AMD treatment with the FDA, in the EU and with the UK’s MHRA. The underwriters were also granted an option to buy additional securities.

US core CPI rose 0.2% month on month and 2.5% year on year, its slowest annual pace since March 2021, tempering expectations for further Federal Reserve rate hikes. Asian markets broadly advanced on Aug. 12, with the MSCI Asia Pacific Index up 0.6%. South Korea’s KOSPI surged 4.48% to lead the region, while Japan’s Nikkei 225 gained 1.83% and the Topix rose 1.01%. Hang Seng futures bucked the trend, slipping 0.87% and signalling caution in that market.

Ford said it will begin producing Lincoln vehicles in the United States from 2030 and gradually stop importing the brand’s models from China. The company put its total tariff-related gross costs in 2025 at about $3 billion, with an approximately $2 billion hit to earnings before interest and taxes. Ford also said it assembled more than 2 million vehicles in the U.S. that year and employs about 56,300 hourly manufacturing workers.

Datacentrex reported second-quarter 2026 revenue of $1.9 million and a positive gross profit, while posting a GAAP net loss of $5.5 million. Net Cash Burn fell to about $61,000, an improvement of about 88% from the first quarter of 2026, bringing the company close to breakeven. As of June 30, 2026, Datacentrex had about $57.9 million in cash and digital assets combined and carried no debt. Adjusted EBITDA loss narrowed to about $1.3 million from about $1.7 million in the first quarter of 2026.

Cypherpunk Technologies reported $39.4 million in second-quarter net income, reversing a $16.6 million loss a year earlier. The company posted a $4.7 million operating loss, but a $46 million unrealized gain on its ZEC treasury lifted results. Research and development expense totaled $0.2 million, while general and administrative expense was $4.5 million. The profit swing was driven by the accounting revaluation of its Zcash holdings without selling the tokens.

USDA’s NASS slashed its August corn yield estimate to 180.7 bushels per acre and lowered projected ending stocks, tightening the supply outlook. The agency raised planted area by 1.4 million acres, but the revised balance sheet still sparked a sharp rally. CmdtyView’s national average cash corn price rose 20.25 cents to $4.2725, while CBOT December corn gained 20.25 cents to $4.8075. EIA data showed ethanol output edged up to 1.117 million barrels per day and inventories also increased slightly.

China has rejected 10 containers of Australian mung beans, citing chemical residues above permitted levels. About 95% of Australia’s mung bean crop is desiccated with glyphosate before harvest, and residue limits are set by importing countries. Australian output in 2026 is expected at 100,000 to 120,000 tonnes, almost all for export. The rejection could accelerate a shift toward alternative herbicides among growers.