Ukraine to start exporting grain since start of Russia war

Ukraine to start exporting grain since start of Russia war

War-torn Ukraine could launch its first grain-exporting ships as soon as this week, Turkish officials said Sunday.

“If all (details) are completed by tomorrow, it seems like there is a high possibility that the first ship will leave the port tomorrow,” said government spokesperson Ibrahim Kalin. “We will see ships leaving the ports the next day at the latest.”

The United Nations brokered deal in Istanbul in hopes to alleviate both grain shortages and spiking prices.

Both Ukraine and Russia are major wheat suppliers, with exports plunging in the wake of Moscow’s invasion of its neighbor.

The deal would allow for grain shipments out of a Ukrainian port in Odessa.

It would also allow Ukraine to free up 22 million tons of grain and other agricultural goods that have been sitting in ports since hostilities erupted in February.

Both Ukraine and Russia are major wheat suppliers.
Vyacheslav Madiyevskyy/REUTERS
Wheat grains are seen inside storage.
22 million tons of grain and other agricultural goods have been sitting in Ukrainian ports since Russia’s attack on Ukraine began in February.
Dmytro Smolienko/REUTERS
A burning harvesting combine, which exploded on anti-tank mine, is seen in a wheat field.
A burning harvesting combine, which exploded on anti-tank mine, is seen in a wheat field in Vilkhivka.
Press service of the State Emergency Service of Ukraine/Handout via REUTERS
Ukrainian President Volodymyr Zelensky.
Ukrainian President Volodymyr Zelensky visits the Chornomorsk Sea Trade Port to watch a Turkish cargo ship loaded with grain for export.
Ukrainian Presidential Press Office/Planet Pix via ZUMA Press Wire

Weather conditions in other grain producing areas, including South America, have also contributed to growing supply concerns, according to the Wall Street Journal.

The Turkish-brokered deal has led to an easing of grain prices, but ongoing instability in Ukraine and recession fears continue to fuel concerns.

With post wires

Leave a Comment

Your email address will not be published.