End of grain deal – global grain markets nervous

There is no panic in the world grain market since the grain deal for export from Ukraine expired. And Russia’s bombing of ports and grain storage sites. But the market is nervous, resulting in rising prices. The world grain market held its breath for a moment when it became clear in mid-July that the UN grain deal (see box) would not be extended. And all the more so when Russia subsequently bombed various places in the port city of Odessa. This was later followed by drone attacks on the