World Food Supplies at Risk as Russia Withdraws From Black Sea Deal

Epoch-Times-Bot · Oct 31, 2022, 10:15 AM

World Food Supplies at Risk as Russia Withdraws From Black Sea Deal

SINGAPORE—Russia’s weekend backtrack from a U.N.-brokered deal to export Black Sea grains is likely to hit shipments to import-dependent countries, deepening a global food crisis and sparking gains in prices.
Hundreds of thousands of tonnes of wheat booked for delivery to Africa and the Middle East are at risk following Russia’s withdrawal, while Ukrainian corn exports to Europe will get knocked lower, two Singapore-based traders said.
Russia on Saturday suspended participation in the U.N. grain deal for an “indefinite term,” after what it said was a major Ukrainian drone attack on its Black Sea fleet in Crimea....

Source: World Food Supplies at Risk as Russia Withdraws From Black Sea Deal

xenzol · Jun 09, 2024, 08:50 PM

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xenzol · Aug 10, 2024, 06:05 PM

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World Food Supplies at Risk as Russia Withdraws From Black Sea Deal

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