Tag Archives: Black Sea Grain Deal

Russia’s threat to bypass a landmark grain deal underpinned prices, with Chicago wheat futures climbing more than 1% on Monday, rising for the first time in four sessions. Corn prices eased, weighed down by improved weather outlook for U.S. spring plantings. “Rising Black Sea tensions could underpin U.S. wheat futures…,” …

Senior United Nations officials plan to meet members of a high-level Russian delegation in Geneva on Friday to discuss the Ukraine grain deal, a U.N. spokesperson said. “They will continue ongoing consultations in support of the efforts by the Secretary-General Antonio Guterres on the full implementation of the two agreements …

Price surge comes after Russia suspends participation in deal, blaming Ukraine for attacks on Black Sea Fleet… Wheat prices gained ground after Russia announced its withdrawal from the Black Sea grain deal, fueling concerns on global supply. Chicago wheat futures surged 5.99% to a two-week high of $8.78 on Monday. …