Analysts predict a new problem for Ukrainian grain exports 07/21/2023, 17:23

Adjusting routes for Ukrainian grain exports after the withdrawal of the Russian Federation from the grain agreement will reduce Kiev’s monthly export potential by 50%. writes about it BloombergReferring to the calculations of analysts of the Russian consulting company Argus Media.

“The closure of the ports will reduce Ukraine’s monthly export potential from 7-8 million tons to about 4 million tons,” said analyst Alexander Mari.

This increases the pressure on global food markets and deals a serious blow to one of Ukraine’s biggest income sources.

The material states that Russia’s withdrawal from the grain deal has forced Ukraine to seek “longer and more expensive routes” for transporting agricultural products.

According to analytical calculations, the most obvious route is through the Danube, but due to the abnormal heat, the water level in the river has dropped significantly, making it difficult to transport grain.

grain deal terminated 17 July. The Russian Federation refused to extend the agreement until the other parties to the agreement fulfilled the Russian part of the agreement.

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Source: Gazeta

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