The imminent end of “safe passage” for wheat… and the world awaits November 19th

Russia In the past, its accession to the agreement, precisely in late October, and despite its decline, the import markets are currently waiting for the agreement to expire on November 19, and what will happen after this date, according to a note from"Group economy".

1000 flights carry 10 million tons

frame available Black Sea Grain Initiative Thousands of internal and external flights have allowed more than 10 million tons of grain and foodstuffs to reach the country international markets.

• Subsequently, nearly half of that volume ended up in high-income countries.
• Russia has complained that most of the flows are not going to countries most vulnerable to shortages Food safetyaccording to the note, at the time of upload united stateMoscow, responsible for the grain market turmoil.
• The Minister of Infrastructure of Ukraine Oleksandr Kubrakov said today that the initiative of the grain Black Sea which was due to expire on Saturday 19 November, will be extended by 120 days.
• The minister wrote it in a tweet on Twitter "The Black Sea Grain Initiative will last 120 days".
• The ministry said the deal to extend the initiative was reached in Istanbul, at a time when the deal provides safe passage for exports. Ukrainian wheat through some Black Sea ports while the war with Russia continues.

The agreement is important to stop food insecurity

said the UN secretary-general Antonio Guterres The initiative "It continues to demonstrate the importance of covert diplomacy in the context of seeking multilateral solutions".

Guterres welcomed the agreement of all parties to continue the Black Sea Grain Initiative to facilitate safe navigation for the export of grains, foodstuffs and fertilizers from Ukraine.

added that "The United Nations is committed to supporting the Joint Coordination Center so that this vital supply line continues to run smoothly and the United Nations is fully committed to removing remaining barriers to the export of food and fertilizer from the Russian Federation".

He kept saying it "The two agreements signed in Istanbul three months ago are necessary to reduce food and fertilizer prices and avoid global food crisis".

My price calmed down after the deal

• the price has gone up Grain it has increased by 50% since 2021 but has stabilized since then, thanks in part to the Black Sea Grain Initiative.
• The figures are shown United Nations Nearly 500 ships carrying more than 10 million tons of grain and other foodstuffs have departed as part of the initiative for the world’s poorest countries.
• Grain shipments dominated exports this week, reaching 176,368 tons, and came in the lead on inflows Corn which amounted to 134,150 tons.
• The remaining shipments contained sunflower, canola and other grain products.
• Shipments destined for high-income countries increased to 44% in the week ending November 13, compared to 41% in the previous week, while nearly 11% went to low-income countries, with the rest going to low-income countries. middle income.
• attracted Europe Central Asia accounted for more than 41% of weekly shipments, unchanged on a weekly basis, with nearly 32% going to the Orient. Asia and Pacific Ocean, up from more than 41% the previous week, and an additional 26% headed to the region Middle East and North Africadown from 18% the previous week.

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According to the Safe Passage Agreement, “the initiative will remain valid for 120 days from the date of signing by all the parties, and may be automatically extended for the same period, unless one of the parties notifies the other of the intention to terminate the initiative contract or modify it”.

Russian comment on the agreement

and wisdom Russia Previously, its participation in the deal, precisely at the end of October, and despite its decline, import markets are currently waiting for the deal to expire on November 19, and what will happen after this date, according to a note from “Group Economics”.

1000 flights carry 10 million tons

frame available Black Sea Grain Initiative Thousands of internal and external flights have allowed more than 10 million tons of grain and foodstuffs to reach the country international markets.

• Subsequently, nearly half of that volume ended up in high-income countries.
• Russia has complained that most of the flows are not going to countries most vulnerable to shortages Food safetyaccording to the note, at the time of upload united stateMoscow, responsible for the grain market turmoil.
• The Minister of Infrastructure of Ukraine Oleksandr Kubrakov said today that the initiative of the grain Black Sea which was due to expire on Saturday 19 November, will be extended by 120 days.
• “The Black Sea Grain Initiative will last 120 days,” the minister wrote in a tweet on Twitter.
• The ministry said the deal to extend the initiative was reached in Istanbul, at a time when the deal provides safe passage for exports. Ukrainian wheat through some Black Sea ports while the war with Russia continues.

The agreement is important to stop food insecurity

said the UN secretary-general Antonio Guterres The initiative “continues to demonstrate the importance of secret diplomacy in the context of the search for multilateral solutions”.

Guterres welcomed the agreement of all parties to continue the Black Sea Grain Initiative to facilitate safe navigation for the export of grains, foodstuffs and fertilizers from Ukraine.

He added: “The United Nations is committed to supporting the Joint Coordination Center so that this vital supply line continues to run smoothly, and the United Nations is fully committed to removing remaining barriers to the export of food and fertilizer from the Russian Federation”.

He went on to say, “The two agreements signed in Istanbul three months ago are necessary to reduce the prices of food and fertilizers and avoid… global food crisis“.

My price calmed down after the deal

• the price has gone up Grain it has increased by 50% since 2021 but has stabilized since then, thanks in part to the Black Sea Grain Initiative.
• The figures are shown United Nations Nearly 500 ships carrying more than 10 million tons of grain and other foodstuffs have departed as part of the initiative for the world’s poorest countries.
• Grain shipments dominated exports this week, reaching 176,368 tons, and came in the lead on inflows Corn which amounted to 134,150 tons.
• The remaining shipments contained sunflower, canola and other grain products.
• Shipments destined for high-income countries increased to 44% in the week ending November 13, compared to 41% in the previous week, while nearly 11% went to low-income countries, with the rest going to low-income countries. middle income.
• attracted Europe Central Asia accounted for more than 41% of weekly shipments, unchanged on a weekly basis, with nearly 32% going to the Orient. Asia and Pacific Ocean, up from more than 41% the previous week, and an additional 26% headed to the region Middle East and North Africadown from 18% the previous week.