That grain will need to be exported and world food prices are currently hostage to meagre sixty day extensions and Russian brinkmanship.
Ukraine's wheat harvest is happening now. The UN has warned of its concerns at the slowdown in grain exports from Black Sea ports over recent months given the "spectre of food inflation and market volatility" lurking in all countries. It is used to make fertiliser and the re-opening of the Tolyatti-Odesa pipeline - which has transported Russian ammonia through Ukraine and out to world markets since the 1970s, though not since the outbreak of the war - is a crucial pre-condition, Russia says, for any extension of the Black Sea Grain deal which expires on 17 July. Russia blames "Ukrainian saboteurs" Ukraine blames Russia. The governor of the Kharkiv region, where the pipeline crosses from Russia into Ukraine and then makes its way down to the Black Sea port of Pivdennyi, said leakage was not above the "allowable norm" but video from Russian social media channels shows a dense white cloud churning over an unidentified building and hanging low in woodland. A few hours before a massive explosion destroyed the Khakovka dam in southern Ukraine, a pipeline built to transport one of Russia's major exports, ammonia, was hit by shelling 400 miles to the north.
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