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Grain market braces for price spike with Black Sea Corridor shutdown

Grain market braces for price spike with Black Sea Corridor shutdown

Halt of grain purchases for Ukrainian seaports, broker says Drought and torrential rains disrupt the supply of the southern hemisphere Rising exports from Russia PARIS, Oct 30 (Reuters) – Wheat futures are set to jump on Monday as Russia’s withdrawal from a Black Sea corridor deal puts Ukrainian exports at risk, analysts said. Moscow suspended …

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Russia suspends participation in Ukrainian grain export deal

Russia suspends participation in Ukrainian grain export deal

Oct 29 (Reuters) – Russia has suspended its participation in a UN-brokered deal to export agricultural products from Ukrainian ports after attacks on ships in Crimea, the Russian Defense Ministry said on Saturday, issuing a warning. blow to a three-month deal aimed at easing global pressure on grain supplies. Russia said Ukrainian forces, with the …

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