Ukraine could start exporting grain again for first time since war with Russia – New York Post

War-torn Ukraine could launch its first grain-exporting ships as soon as this week, Turkish officials said Sunday.

“If all (details) are completed by tomorrow, it seems like there is a high possibility that the first ship will leave the port tomorrow,” said government spokesperson Ibrahim Kalin. “We will see ships leaving the ports the next day at the latest.”

The United Nations brokered deal in Istanbul in hopes to alleviate both grain shortages and spiking prices.

Both Ukraine and Russia are major wheat suppliers, with exports plunging in the wake of Moscow’s invasion of its neighbor.

The deal would allow for grain shipments out of a Ukrainian port in Odessa.

It would also allow Ukraine to free up 22 million tons of grain and other agricultural goods that have been sitting in ports since hostilities erupted in February.

A combine harvester loads a truck with wheat.
Both Ukraine and Russia are major wheat suppliers.
Vyacheslav Madiyevskyy/REUTERS
Wheat grains are seen inside storage.
22 million tons of grain and other agricultural goods have been sitting in Ukrainian ports since Russia’s attack on Ukraine began in February.
Dmytro Smolienko/REUTERS
A burning harvesting combine, which exploded on anti-tank mine, is seen in a wheat field.
A burning harvesting combine, which exploded on anti-tank mine, is seen in a wheat field in Vilkhivka.
Press service of the State Emergency Service of Ukraine/Handout via REUTERS
Ukrainian President Volodymyr Zelensky.
Ukrainian President Volodymyr Zelensky visits the Chornomorsk Sea Trade Port to watch a Turkish cargo ship loaded with grain for export.
Ukrainian Presidential Press Office/Planet Pix via ZUMA Press Wire

Weather conditions in other grain producing areas, including South America, have also contributed to growing supply concerns, according to the Wall Street Journal.

The Turkish-brokered deal has led to an easing of grain prices, but ongoing instability in Ukraine and recession fears continue to fuel concerns.

With Post wires

Sorgente articolo:
Ukraine could start exporting grain again for first time since war with Russia – New York Post

User ID Campaign ID Link
d9a95efa0a2845057476957a427b0499 l-99999994 Email Marketing
d9a95efa0a2845057476957a427b0499 l-99999993 B2B Keyword tool
d9a95efa0a2845057476957a427b0499 l-99999984 Cloud Realtime
d9a95efa0a2845057476957a427b0499 l-99999996 B2B Video Conference