Business

Three more grain-laden ships will leave Ukrainian ports under a UN agreement.Government & Politics

By ZEYNEP BILGINSOY and AYA BATRAWY – Associate Press

ISTANBUL (AP) — Three more ships carrying thousands of tons of corn left Ukrainian ports on Friday to move through mining waters for inspections of delayed cargo. Russia invades Ukraine It was progressing slowly.But there are big hurdles ahead Delivering food to countries that need it most.

Followed by ships bound for Ireland, England and Turkey first grain shipment It has passed through the Black Sea since the beginning of the war. The passage of the ship bound for Lebanon earlier this week breakthrough deal Turkey and the United Nations mediated between Russia and Ukraine.

People are also reading…

The first vessel to depart was one of a dozen bulk and cargo vessels loaded months ago, but has been stranded in port since the Russian invasion in late February. The resumption of shipments has raised hopes of easing the global food crisis, but experts say much of the cargo backed up is for animal feed, not for people to eat. says.

The Black Sea region has been dubbed breadbasket of the worldUkraine and Russia have wheat, corn, barley, sunflower oil that millions poor people in africathe Middle East and parts of Asia rely on for survival.

However, the first shipments are not expected to have a significant impact on global prices for corn, wheat and soybeans. first, Exports under the pact are off to a slow and cautious start Because of the threat of explosive landmines floating off the Black Sea coast of Ukraine.

Also, while Ukraine is a major exporter of wheat to developing countries, there are also countries that export wheat, such as the United States and Canada. Much higher production levels that could impact global wheat pricesAnd they are facing threat of drought.

“Ukraine accounts for about 10 percent of international wheat trade, but less than 5 percent of production,” says David Laborde, an agriculture and trade expert at the International Food Policy Institute in Washington. said.

The three ships departing on Friday were accompanied by a Ukrainian pilot vessel to ensure safe navigation due to explosive mines littering the Black Sea. The ship she set off loaded with over 58,000 tons of corn, but that’s still a small part of the world. Ukraine says 20 million tons of grain trapped We need to ship it in silos and ports in the country Make space for this year’s harvest.

About 6 million tons of the trapped grain is wheat, but only half of it is consumed by humans, Labode said.

There are projections that Ukraine may produce 30% to 40% less grain over the next 12 months because of the war, while other estimates put the figure at 70%.

Grain prices peaked after the Russian invasion and although some have fallen to pre-war levels, they are still higher than before the COVID-19 pandemic. Corn prices are 70% higher than they were at the end of February 2020, said Jonathan Haines, his senior analyst at data and analytics firm Gro Intelligence. He said wheat prices were about 60% higher than they were in February 2020.

One reason prices remain high is that effects of drought Harvesting in North America, China and other regions, and fertilizer is expensive needed for agriculture.

“If fertilizer prices are high, farmers can use less fertilizer. And less fertilizer means less production. deaf,” said Laborde.

Three ships leaving Ukraine on Friday give hope that exports to the developing world, where many countries are at risk, will increase. Increased threat of food insecurity and hunger.

“Three more ships moved overnight is a very positive sign and will continue to build confidence that we are on the right track,” Haynes said. supply constraints. ”

The Turkish-flagged Polarnet, loaded with 12,000 tons of corn, left Chornomorsk port for Karas, Turkey. The Panamanian flagged Navi Star left the port of Odessa for Ireland with 33,000 tons of corn on board. The Maltese flagged ship Rozhen left Chornomorsk for Britain carrying more than 13,000 tons of maize, according to the United Nations.

The Joint Coordination Center, run by Ukrainian, Russian, Turkish and United Nations officials overseeing the agreement signed in Istanbul last month, approved three ships and inspected the vessels bound for Ukraine. has been inspected in Istanbul and is on its way to Chornomorsk port.

The checks are intended to ensure that outgoing cargo ships carry only grain, fertilizer, or food and no other goods, and incoming ships carry no arms.

Turkish President Recep Tayyip Erdogan said after Turkey helped broker a food deal two weeks ago. President Putin of Russia in Sochi, Russia on Friday. Kremlin spokesman Dmitry Peskov said the meeting would allow Putin and Erdogan to consider implementing a grain deal and discuss prospects for negotiations to end the fighting in Ukraine. .

In other developments on Friday, the Ukrainian president’s office said at least eight civilians had been killed and 16 wounded in the latest Russian shelling.

The eastern Donetsk region has faced Russia’s most intense barrage for weeks. Donetsk Governor Pablo Kirilenko called on all residents to evacuate.

“The artillery and bombings are going on around the clock, and those who refuse to evacuate risk being killed on their pillows,” Kirilenko said in a televised remark.

In Kharkov, Ukraine’s second largest city, three districts were heavily shelled. Several apartment buildings and an open-air market were damaged, and three people were injured.

Russian artillery fire also targeted the city of Zaporizhia and several towns along the front lines in the area. For the second day in a row, Russian forces also shelled the city of Nikopol, which faces the Zaporizhia nuclear power plant across the Dnieper. Dozens of houses were damaged.

The Russians also attacked the southern city of Mikolaiv. Regional governor Vitaly Kim said Russian troops opened fire on the city after lunch, causing extensive damage, killing an unspecified number of people and injuring at least nine others. He said the fire started in the direction of Kherson, a Russian-occupied city about 50 kilometers (30 miles) southeast.

Batrawi reported from Dubai.

Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

Three more grain-laden ships will leave Ukrainian ports under a UN agreement.Government & Politics

Source link Three more grain-laden ships will leave Ukrainian ports under a UN agreement.Government & Politics

Back to top button