More Grain Shipments , Leave Ukraine Port , Under U.N. Deal.
On August 5, three more ships carrying
thousands of tons of corn left Ukrainian ports. .
The Associated Press reports that
the shipment suggests that an international
deal to export grain may be slowly progressing.
The deal has been held up since
the Russian invasion of Ukraine. .
Now, major hurdles still remain for
those long-delayed supplies to
reach countries that need it most.
The ships are first headed for Ireland,
the United Kingdom and Turkey.
The first grain shipment since
the start of the war was dispatched
to Lebanon on Aug. 1.
The shipments are the result of a breakthrough
deal brokered by Turkey and the
United Nations with Russia and Ukraine.
AP reports that the shipments
have raised hopes that
the global food crisis will ease.
Both Ukraine and Russia are key
global suppliers of wheat, corn,
barley and sunflower oil. .
Millions of impoverished people throughout
Africa, the Middle East and parts of Asia
rely on those supplies for survival. .
AP reports that the initial shipments are not
expected to significantly impact the global
price of corn, wheat or soybeans.
Prices are expected to remain high as a result of droughts in North America, China and other regions impacting the production of crops