Reading Time: 3 minutes London/United Nations | Reuters — Three new ships were authorized on Thursday to take part in a deal allowing the safe Black Sea export of Ukraine grain, said the United Nations as global wheat prices fell further a day after Russia agreed to extend the pact for 60 more days. Russia had threatened to quit […] Read more
Three more ships approved under renewed Black Sea grain deal
Wheat futures down on news of renewal
Ukraine lifts barriers to exports of some farm goods
Export licenses were in place to maintain domestic supplies
Reading Time: < 1 minute Kyiv | Reuters — Ukraine has removed barriers to the export of some agricultural commodities, imposed last year to prevent food shortages, in a bid to boost foreign currency income, its government said on Tuesday. The country introduced export licences in 2022 to protect food supplies after agricultural production was hit by Russia’s invasion. While […] Read more
Black Sea grain deal extended for two months
Agreement has helped to tackle global food crisis
Reading Time: 3 minutes Ankara/United Nations | Reuters — The Ukraine Black Sea grain deal has been extended for two more months, one day before Russia could have quit the pact over obstacles to its grain and fertilizer exports. Turkish President Tayyip Erdogan announced the extension in a televised speech and it was confirmed by Russia and Ukraine. The […] Read more
U.N. efforts to save Black Sea grain deal to continue in coming days
Russia demands include restarting ammonia pipeline
Reading Time: 3 minutes United Nations | Reuters — The U.N. aid chief said on Monday efforts will continue in coming days to extend a deal allowing the safe Black Sea export of Ukraine grain, a pact Russia has threatened to quit effective Thursday over obstacles to its grain and fertilizer exports. The final two ships are due to […] Read more
Black Sea grain deal could be extended two months, Turkish minister says
Inspections of outbound vessels have resumed
Reading Time: < 1 minute Istanbul | Reuters — Turkish Foreign Minister Mevlut Cavusoglu said Wednesday he thought the Ukraine Black Sea grain deal could be extended for at least two more months, as officials from the parties involved held the first day of talks on an extension in Istanbul. Russia has said it would not extend the pact beyond […] Read more
Russia to keep talking with UN before Black Sea deal deadline
Deal on table for talks Friday in Istanbul
Reading Time: 2 minutes Moscow | Reuters — Russia said on Wednesday that it will keep talking to the United Nations about the future of a deal that allows the safe Black Sea export of Ukraine grain, but would not do anything to harm its own interests. Top UN trade official Rebeca Grynspan is due to travel to Moscow […] Read more
EU sets Ukraine grain import restrictions in five countries until June 5
Supports pledged for farmers in those countries
Reading Time: < 1 minute Brussels | Reuters — The European Commission said on Tuesday it set restrictions until June 5 on imports of Ukrainian wheat, maize, rapeseed and sunflower seed to ease the excess supply of these grains in Bulgaria, Hungary, Poland, Romania and Slovakia. The EU executive arm said that during that period, Ukrainian wheat, maize, rapeseed and […] Read more
U.S. grains: Chicago wheat hits 25-month session low on good crop conditions
Market eyes talks on Black Sea grain corridor
Reading Time: 2 minutes Mexico City | Reuters — Chicago wheat hit a 25-month low in the session to close lower on Tuesday, on weather that looked good for U.S. crop development and improving crop conditions. Wheat has been pressured down in recent days after the winter wheat crop rating as of Sunday was up two points from the […] Read more
European Commission to ban Ukrainian grain exports to Romania
Talks ongoing with Ukraine's other neighbours
Reading Time: < 1 minute Bucharest | Reuters — The European Commission will ban Ukrainian grain and oilseeds exports to Romania until June 5, Romanian Agriculture Minister Petre Daea said on Wednesday. Romania has stopped short of enforcing a ban, whereas Poland, Hungary, Bulgaria and Slovakia took unilateral steps to protect local markets from a flow of Ukrainian farm products. […] Read more
Russian envoy says no breakthrough on grain deal
Ukraine says Moscow blocking ships
Reading Time: 2 minutes Geneva | Reuters — Russia’s envoy to the United Nations in Geneva on Wednesday said “no real progress” had been achieved in resolving issues raised by Moscow over the Black Sea grain deal, which is set to expire next month. Separately, Ukraine accused Russia of blocking the passage of four grain ships from its Black […] Read more
A message from April Stewart, Country Guide's Associate Editor
