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Turkiye: The extension of the Grain Corridor is expected to be reflected in prices

Updated Mar 15, 2023
Grain The Corridor Agreement plays an important role in overcoming the global food crisis. To date, nearly 24 million tons of grain has been transported from the Grain Corridor. Of these, 40 percent were sent to Europe, 30 percent to Asia, 13 percent to Turkey, 12 percent to Africa and 5 percent to the Middle East. The second 4-month extension will expire on March 18 in the Black Sea Grain Corridor Agreement. Experts; Reminding that the beginning of the harvest in grain products such as wheat and barley is at the end of May, geopolitical risk per harvest comments that it has been delayed. "Russia has no objection to the extension of the Grain Corridor Agreement for another two months" Ali, General Manager of Turkish Product Specialization Exchange (TÜRİB) The King, in the Grain Corridor Agreement, extended the deadline for 2 more months by the Russian side. announced that he did not object to the geopolitical risk postponed until the beginning of the harvest. stated, stating: ...
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