Negotiations on the purchase and supply of grain as part of the Grain from Ukraine humanitarian initiative have begun.
The first bulk carrier with Ukrainian wheat as part of the new humanitarian program GrainFromUkraine has already left the port of Odesa. The cargo was sent with the support of the Government of Germany and the World Food Program of the United Nations.
Russia’s military aggression in Ukraine provoked a rise in wheat prices to a 14-year high. The war is limiting the supply of grain.
A new rock bottom price for wheat was established in small Ukrainian ports against the backdrop of news about the recognition of the “independence” of the territories of ORDLO by the Russian Federation.
Prices for Ukrainian wheat stopped falling. This is associated with news about the withdrawal of the Russian Federation of part of its troops from the exercise site.
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