Articles Tagged with ''Black Sea Grain Initiative''

Russia announced on Saturday that it was suspending its involvement in the agreement that has allowed Ukraine to ship grain and other commodities from its Black Sea ports. The UN estimates the Black Sea deal has saved 100 million people globally from extreme poverty.

Executives with oilseed giant Bunge say the growing global demand for biofuels will continue to support the soybean sector for some time.

Kroger’s proposed purchase of Albertsons for $24.6 billion would create one of the largest food retailers in the country and, based on past experience, is likely to be scrutinized by federal regulators.

The deal that opened up grain exports from three ports in Ukraine is widely lauded as a success in bringing down global food prices, but the future of the Black Sea Grain Initiative is being threatened by Russia, and United Nations officials are scrambling to save it.