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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: John Carragher who wrote (190097)	7/22/2022 7:44:47 AM
From: TobagoJack	Respond to of 218879

Supposed to happen today Let’s wait n see

To: John Carragher who wrote (190097)	7/22/2022 11:34:11 AM
From: TobagoJack	2 Recommendations Recommended By John Carragher Julius Wong Respond to of 218879

<<agreement>> inked bloomberg.com Ukraine, Russia Reach Deal to Unblock Grain Exports Stranded by War Countries ink parallel agreements with Turkey, UN in Istanbul Deal could help revive crops trade from major global exporter Onur Ant July 22, 2022, 11:04 PM GMT+8 Barges are loaded with grain at Reni river port on Danube river, in the Odesa region, Ukraine, on July 21. Photographer: Sergii Kharchenko/NurPhoto/Getty ImagesRussia and Ukraine reached a deal aimed at releasing millions of tons of grain from Ukraine’s Black Sea ports that, if implemented, would mark a major step toward shoring up global food supplies. Government officials from Kyiv and Moscow signed agreements with Turkey and the United Nations at a meeting in Istanbul. Grain ship traffic should begin in the coming days, said Turkish President Recep Tayyip Erdogan. The accord involves shipments from three Ukrainian ports: Odesa, Chornomorsk and Pivdennyi, said United Nations Secretary-General Antonio Guterres. “This is an unprecedented agreement between two parties engaged in bloody conflict,” Guterres said at the ceremony. The deal could help revive agricultural trade from one of the world’s biggest wheat, corn and vegetable-oil exporters. If realized, that would help ease strained global grain supplies and take some pressure off food prices that surged to records levels in recent months. However, many logistical hurdles remain and it’s uncertain how quickly exports will progress with Russia’s war still raging. The grain corridor deal is valid for three months but can be extended if needed, Guterres said in an interview with Turkey’s NTV news. Read more: Ukraine grain challenge: Evade mines, find ships and trust Putin Ukraine faces challenges from finding enough ships to carry the backlogged grain, to getting insurance to cover operations. The plan’s success also hinges on Moscow’s security assurances and President Vladimir Putin living up to his side of the bargain, at a time when the Kremlin is moving to annex occupied lands and continues to advance in Ukraine’s east. The three Ukrainian ports involved accounted for just over half of its seaborne grain exports in the 2020-21 season, UkrAgroConsult data show. The supervision of the plan will be coordinated from a joint center in Istanbul, according to Erdogan. Defense Minister Sergei Shoigu signed the deal for Russia and Infrastructure Minister Oleksandr Kubrakov signed for Ukraine in a separate accord. Officials have been working to reach a deal for month and tensions were evident during the signing -- the Ukrainian and Russian representatives didn’t join Erdogan and Guterres at the head table during opening remarks, and signed separate agreements respectively with Turkey and the UN. Benchmark wheat futures in Chicago traded 3.5% lower after the signing, paring earlier losses and leaving them little changed on the week. Corn and soybeans rose. — With assistance by Volodymyr Verbyany, Beril Akman, and Ugur Yilmaz (Updates with details throughout.) Sent from my iPad