This agreement allows grain to move out of Black Sea ports and was put together by the United Nations, Turkey, Ukraine and Russia. Negotiations for an extension will begin this week. Those talks may be complicated by Ukrainian accusations that Russia is delaying inspections of these ships. Russia wants sanctions on its agricultural exports to end, which may also be a hurdle in the negotiations.
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.