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Tag: grain

Wheat prices drop as Russia returns to Ukraine grain deal

Moscow announced that it had resumed its participation in the deal which was suspended after an attack on a Russian port last week Wheat futures dropped over 6% on Wednesday after the Russian Defense Ministry announced the country had resumed its participation in the deal on the export of Ukrainian grain via the Black Sea. The value of December wheat futures on the Chicago Exchange…

Russia halts grain deal after 'massive' Black Sea Fleet attack – BBC News

Russia has announced it is suspending its involvement in the internationally-brokered deal that allows Ukraine to export grain from its Black Sea ports. It comes after Russia accused Ukraine of a “massive” drone attack on the Black Sea Fleet in Sevastopol, Crimea. Ukraine has not admitted the attack and President Volodymyr Zelensky called the Russian move “rather predictable”. Without providing evidence, Russia also accused British…

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