News Formal

Russia kills key grain deal: What it could mean for SA shoppers | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 80%

United States News News

United States United States Latest News,United States United States Headlines

Economists say South African consumers are not immediately at risk of escalating grain prices after Russia pulled out of a crucial agreement, brokered by the United Nations, that ensured the safe passage of grain and oilseeds from Ukraine.

Ukraine, a major global grain and oilseed exporter, moves up to 5 million tonnes of the products through its Black Sea ports monthly during peacetime. But its war with Russia led to a global escalation of grain and oilseed prices - which the deal, called the Black Sea Grain Initiative,.

Ukraine, a major global grain and oilseed exporter, moves up to 5 million tonnes of the products through its Black Sea ports monthly during peacetime. But its war with Russia led to a global escalation of grain and oilseed prices - which the deal, called the Black Sea Grain Initiative,
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These great South African companies share one thing in commonThere is one thing that South Africa’s leading businesses have in common – they advertise on MyBroadband.
Source: mybroadband - 🏆 11. / 67 Read more »