Black Sea

UN Reaches Black Sea Grain Initiative Extension
UN Reaches Black Sea Grain Initiative Extension
Over the weekend, the United Nations Secretary-General announced an extension of the Black Sea Grain Initiative.  The announcement came at the last minute as the agreement was set to expire.  The Initiative facilitates the safe navigation for the exports of grain and related foodstuffs and fertilizers, including ammonia, from designated Ukrainian seaports.  During ...
Ukraine’s Exports Recover Under Black Sea Grain Initiative
Ukraine’s Exports Recover Under Black Sea Grain Initiative
According to ERS, Ukraine's corn and wheat exports have almost returned to seasonal-average levels since the summer of 2022.  The change follows the Black Sea Grain Initiative to reopen the Black Sea shipping routes.  Russia's invasion of Ukraine in February 2022 led to elevated security risks and infrastructure damage, causing Ukraine's seaports to be almost completely cut off from March through

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