Black Sea grain talks continue as Russia seeks 60-day renewal

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Reuters

MOSCOW (Reuters) -Talks continue to extend a deal to allow grain shipments from Ukraine’s Black Sea ports ahead of a deadline later this week, the United Nations and Turkey said on Tuesday, after Kyiv rejected a Russian push for a reduced 60-day renewal. Since Russia and Ukraine signed the U.N.-backed Black Sea Grain Initiative in Turkey on July 22, millions of tonnes of grain and other food products have been exported from Ukrainian ports, helping to lower global food prices from record highs. After Russia on Monday suggested allowing the deal to be renewed for 60 days, half the term of the p…

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