Russia-Ukraine grain deal likely to lower food prices in SA, but only if it holds
Missile attack on Odesa muddies the waters but Kyiv says wheat will leave ports regardless
25 July 2022 - 19:49
Food prices could soften as more grain supplies become available to the world market after Russia and Ukraine agreed to reopen Ukraine’s Black Sea ports for grain exports, to the benefit of all importing countries and consumers.
Russia and Ukraine signed a deal on Friday to allow grain exports to resume in the Black Sea region. The agreement, which is meant to avert a global food crisis and boost grain supplies, was brokered by the UN and aided by Turkey...
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