- Renewal of Ukraine's grain export agreement from Black Sea ports.
- Duration of extension unclear, disputed between Ukraine and Russia.
- Black Sea Grain Initiative contributed to slump in food-commodity costs.
- Negotiations down to the wire with initial pact valid for 120 days.
- Teams from Ukraine, Russia, the UN and Turkey inspect each ship to prevent unauthorized cargo or passengers.
Ukraine Grain Deal Renewed, Clearing Way for Continued Exports
A agreement that allows Ukraine to export grains and other crops from key Black Sea ports has been renewed, although uncertainty surrounds the duration of the latest extension.
