With port access accounting for nearly three-quarters of Ukraine’s grain exports since the Russian invasion, Russia’s moves to cut off the Black Sea and attack port infrastructure will effectively stop Ukraine’s access to the world.
That’s one major take from DTN Lead Analyst Todd Hultman following a webinar on the latest agricultural challenges in Ukraine yesterday.
Without that Black Sea deal, Ukraine’s options for moving major volumes of grain are limited.
Pressure continues to mount on Russia to re-establish the Black Sea grain corridor, even as Russia is attacking grain infrastructure at ports and farms.
African leaders and China each have pressed Russian President Vladimir Putin to reach a new deal to reopen Ukrainian grain exports.