The grain deal, which Moscow still has questions about, was extended on Wednesday for another two months. In fact, this is a technical pause, during which the political future of its initiator, Turkey, should be determined, as well as the economic consequences of various scenarios for the development of events for the European Union, which remains one of the prominent buyers of Ukrainian grain. The fulfillment of the obligations of the parties to the transaction to the Russian Federation depends on the same circumstances. For Russia itself, taking into account the high export rates of Russian grains, the prolongation of the Black Sea Grain Initiative itself does not change practically anything economically, but it allows us to maintain hope for the removal of some of the financial, logistical and technological sanctions from its agricultural complex.
Wheat floats further // The grain deal will be valid until July, and this suits everyone
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