Russia hinders grain exports across the Black Sea

Without Russia's participation, the Black Sea Initiative ceases to function as of July 18.

This corridor, which allows the export of cereals and fertilizers from Russia and the Ukraine, is of the utmost importance to maintain world food security.

This new extension will allow Ukrainian grain exports to continue.

The current "Black Sea Grain Initiative" agreement, which has allowed grain exports to date, expires on March 17.

Season forecasts depend on the sustainability of the cereal corridor in the Black Sea.

Russia has agreed to extend the agreement on Ukrainian grain exports from Black Sea ports for four months.

The FAO Cereal Price Index in September was up 1.5% from August and up 11.2% from the year-ago level.

The autumn edition of the short-term outlook for EU agricultural markets in 2022 provides insight into arable crop production and trade.

Feed manufacturers fear they will not be able to meet farmers' demand if this scenario continues.

The Ministry of Transport has launched a pilot project to transport grain by train from Ukraine to Spain.

The Ukrainian Minister of Infrastructure has announced the resumption of grain exports by sea, which were blocked due to the war.