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Grain shipments from Russia have greater than halved as a result of site visitors restrictions in sea and river ports, the nation’s grain union introduced on Wednesday.
“Earlier than the present state of affairs [the war in Ukraine and sanctions on Russia], every day shipments of grain from Russia amounted to 100,000 tons. Now the amount is lower than 40,000 tons,” the union’s president, Arkady Zlochevsky, stated, as cited by RIA Novosti.
Not solely has navigation by way of the Sea of Azov, which hosts a number of massive Russian ports, been halted, but additionally shipments on river-sea routes within the Azov Basin, Zlochevsky defined, including that solely long-term contracts had been presently permitted to be fulfilled.
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China lifts all restrictions on wheat imports from Russia
Russia is the world’s largest exporter of wheat, accounting for over 18% of worldwide exports. Along with Ukraine, which has additionally stopped delivery grain, the 2 international locations account for about 30% of worldwide wheat provides. The disaster threatens to push meals costs internationally to an all-time excessive.
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