agriculture2 years ago
Russia and Ukraine Extend Black Sea Grain Deal Amid Global Food Price Surge
Russia and Ukraine have extended their wartime agreement on grain exports until June 2022, as global food prices continue to rise. The deal allows Ukraine to export up to 1 million tonnes of wheat, barley, and corn to Russia without paying any duty. The extension of the agreement is expected to help stabilize food prices in Russia, which have been affected by the global surge in food prices.