Commodities and Futures News

Ukraine sees less than 3 million tonnes of grain leaving in November – minister

2022.11.27 17:29



© Reuters. FILE PHOTO: A truck is seen at a grain terminal during barley harvesting in Ukraine on June 23, 2022. REUTERS/Igor Tkachenko//File Photo

(Reuters) – Exports of Ukraine’s grain will not reach 3 million tonnes in November as Russia tries to limit ship inspections at ports, Ukraine’s Infrastructure Minister Oleksandr Kubrakov said late on Sunday.

In October, some 4.2 million tonnes of grain left Ukrainian ports, Kubrakov said on his Facebook (NASDAQ:) page.

“It was the custom to conduct 40 inspections a day, now, due to Russia’s position, there are five times fewer checks,” he said.

A deal aimed at easing global food shortages by helping Ukraine export its agricultural products and protecting the transit corridor from three Black Sea ports that was originally reached in July was extended for four months in mid-November.

Ukraine and Russia are major global grain exporters. They agreed that teams would check the vessels to ensure no barred people or goods were arriving at or departing from Ukrainian ports.

But Ukraine’s exports have gotten off to a slower start with Kyiv putting the blame on Russia’s reluctance to speed up ship inspections.

Kubrakov said 77 ships were queuing to pass the inspection in Turkey while the three Black Sea ports use up to only 50% of their capacity.

Russia’s President Vladimir Putin said in September that Russia and the developing world had been “cheated” by the UN-brokered Ukrainian grain export deal, delivering the grain to its own states.

On Saturday, Ukrainian President Volodymyr Zelenskiy hosted a summit in Kyiv with allied nations to launch a plan to export $150 million worth of grain to countries most vulnerable to famine and drought.

(Reporting in Winnipeg by Ronald Popeski and in Melbourne by Lidia Kelly; Writing by Lidia Kelly; editing by Diane Craft)



Source link

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 106,132.44 0.08%
ethereum
Ethereum (ETH) $ 3,395.95 3.55%
xrp
XRP (XRP) $ 3.16 0.04%
tether
Tether (USDT) $ 1.00 0.01%
solana
Solana (SOL) $ 264.01 4.01%
bnb
BNB (BNB) $ 686.35 0.67%
dogecoin
Dogecoin (DOGE) $ 0.360623 0.80%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.993238 1.18%
staked-ether
Lido Staked Ether (STETH) $ 3,391.08 3.29%
tron
TRON (TRX) $ 0.259091 3.01%
chainlink
Chainlink (LINK) $ 26.08 0.11%
avalanche-2
Avalanche (AVAX) $ 36.33 0.23%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,034.01 3.88%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 106,153.44 0.25%
stellar
Stellar (XLM) $ 0.441609 1.36%
sui
Sui (SUI) $ 4.44 0.58%
hedera-hashgraph
Hedera (HBAR) $ 0.339951 2.59%
the-open-network
Toncoin (TON) $ 5.14 0.90%
shiba-inu
Shiba Inu (SHIB) $ 0.00002 0.15%
weth
WETH (WETH) $ 3,395.25 3.52%
polkadot
Polkadot (DOT) $ 6.47 0.23%
litecoin
Litecoin (LTC) $ 121.02 4.13%
leo-token
LEO Token (LEO) $ 9.70 0.44%
bitget-token
Bitget Token (BGB) $ 7.43 3.12%
bitcoin-cash
Bitcoin Cash (BCH) $ 440.12 1.34%
hyperliquid
Hyperliquid (HYPE) $ 24.20 0.60%
uniswap
Uniswap (UNI) $ 12.90 0.20%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,583.66 3.90%
usds
USDS (USDS) $ 1.00 0.15%
pepe
Pepe (PEPE) $ 0.000016 2.14%
official-trump
Official Trump (TRUMP) $ 33.25 12.27%
near
NEAR Protocol (NEAR) $ 5.17 1.46%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.10%
aave
Aave (AAVE) $ 352.69 3.42%
aptos
Aptos (APT) $ 8.51 0.12%
ondo-finance
Ondo (ONDO) $ 1.50 8.30%
internet-computer
Internet Computer (ICP) $ 9.31 1.29%
ethereum-classic
Ethereum Classic (ETC) $ 28.13 2.64%
whitebit
WhiteBIT Coin (WBT) $ 28.43 1.00%
mantle
Mantle (MNT) $ 1.21 0.48%
monero
Monero (XMR) $ 219.50 0.02%
vechain
VeChain (VET) $ 0.04952 1.23%
crypto-com-chain
Cronos (CRO) $ 0.141481 1.49%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.444576 0.29%
jupiter-exchange-solana
Jupiter (JUP) $ 0.844234 7.03%
render-token
Render (RENDER) $ 7.12 0.81%
dai
Dai (DAI) $ 1.00 0.02%
algorand
Algorand (ALGO) $ 0.411646 1.56%
layer-one-x-2
Layer One X (L1X) $ 26.64 532.62%