Russia rejoins grain deal after Ukraine agrees to not attack safe shipping corridor (PBS)

From
International Food Policy Research Institute (IFPRI)
Published on
04.11.22
Impact Area
Food security

PBS published an update to its story on Russia’s suspension of the grain deal. PBS writes that diplomatic efforts salvaged the wartime agreement allowing Ukrainian grain and other commodities to leave the Black Sea region port. Ukraine formally committed to use the established safe shipping corridor between southern Ukraine and Turkey “exclusively in accordance with the stipulations” of the agreement. “The Russian Federation believes that the guarantees it has received currently appear sufficient and resumes the implementation of the agreement,” the ministry said.

Senior research fellow Joseph Glauber at the International Food Policy Research Institute said that at least a third of the grain shipped in the last three months was going to the Middle East and North Africa, and while a lot of corn was going to Europe, “that’s the traditional buyer for Ukraine corn. It’s not like that was so unusual.” He added that more wheat was going to sub-Saharan Africa and Asian markets that have become increasingly important buyers of Ukrainian grain.

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Russia rejoins grain deal after Ukraine agrees to not attack safe shipping corridor (PBS)

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