Russia has not renewed the Black Sea Grain Initiative. “The Russians have been complaining for some time that the original conditions for Russian products like grain and fertilizer and global banking access have not been met,” said Frayne Olson, crops economist, NDSU Extension. Food security in some countries may be threatened if Ukrainian agricultural exports can’t be shipped. The Middle East, North Africa and parts of Egypt are just a few examples. “They don’t have the ability to pay prices to get food into their countries.”
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