Black Sea Grain Deal
Since the break out of the Russian-Ukraine War, many European Union and partner countries have placed sanctions on Russia.
United State officials are pushing Russia to rejoin discussions regarding the Black Sea Grain Deal immediately—especially as undeveloped Middle Eastern and African countries are suffering from increased food insecurity.
It’s been two weeks since Russia backed out of the Black Sea Grain Deal, stopping any grain movement out of ports there. Ukrainian officials are now warning that civilian vessels could be in danger.
Just last week, anhydrous was down six percent, and experts say farmers are looking to lock in an attractive deal on fertilizer before fall.
Senator Chuck Grassley (R-IA) says the United States should send Navy ships to the Black Sea to help ensure Ukrainian grain ships get through.