Black Sea grain deal extended for 60 days, Erdoğan saysA grain deal that allows Ukraine to safely export grain via the Black Sea has been extended for two more months, Turkish President Recep Tayyip Erdoğan said Wednesday.
Russia and Ukraine have not yet announced an extension of the deal.
The accord was first brokered by the UN and Türkiye with Ukraine and Russia last summer to help tackle a global food crisis.
The pact came with a separate agreement to ease shipments of Russian food and fertilizer that Moscow insists hasn't been applied.
That said, trade flows tracked by financial data provider Refinitiv show that Russia exported just over 4 million tons of wheat in April, the highest volume for the month in five years, following record or near-record highs in several previous months.
Exports since last July reached 32.2 million tons, 34% above the same period from last season, according to Refinitiv. It estimates Russia will ship 44 million tons of wheat in 2022-2023.
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