Items Tagged with 'Black Sea Grain Initiative'

Russia has begun again to criticize the Black Sea Grain Initiative and complain that the West is not living up to commitments to free up Russia’s ability to export fertilizer — something United Nations officials stress they are trying to facilitate.

A measure of global food commodity costs remained largely unchanged in November despite stronger prices for vegetable oils and sugar.

USDA is taking steps to accelerate some of the $18 billion in new conservation funding provided by the Inflation Reduction Act for climate-related farming practices.

Leaders in the United Nations, Turkey and Russia are announcing that a deal has been reached to extend the Black Sea Grain Initiative for another 120 days beyond Nov. 19, when the original deal would have expired without a new agreement.

Ukraine President Volodymyr Zelensky doesn’t just want the Black Sea Grain Initiative to be extended before the deal expires Nov. 19 – he wants the deal to be “extended indefinitely.”

The Group of 20 summit in Bali, Indonesia, has become an ad hoc site for negotiations to save the Black Sea Grain Initiative.

The United Nations, fresh off a scare from Russia’s threat to withdraw from the Black Sea Grain Initiative and 10 days from the extension deadline for the deal, is desperate to show Moscow that it’s serious about improving Russian fertilizer exports.