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Since the beginning of this year, Ukraine has shipped 194.4 thousand tons of agricultural products to Africa on 8 vessels, including 46.5 thousand tons of wheat. In particular, the fourth vessel as a part of the initiative «Grain from Ukraine» has recently left the port of Chornomorsk. The name of the ship is AMIRA HANA and it will deliver 30 thousand tons of wheat to the port of Djibouti, and from there the Ukrainian grain will be shipped to Ethiopia. In total, Ukraine has already delivered 238.3 thousand tons of wheat to Ethiopia, which is on the edge of famine.

The Minister of Agrarian Policy and Food of Ukraine Mr. Mykola Solskyi in his speech at the opening of the International Green Week spoke about the key food challenges and the ways to overcome them.

One of these challenges is the blocking of Ukrainian agricultural exports, both at the beginning of the full-scale war with Russia and today, due to artificial inspections of ships at the Bosporus, which cause turbulence in food markets. As a result, food prices are rising and the food crisis is getting worse.

The Government has approved a draft decree of the President of Ukraine “On the delegation of Ukraine to participate in negotiations with the European Commission on conclusion of an Agreement between Ukraine, on the one hand, and the European Union, on the other hand, on Ukraine’s participation in the European Union’s Single Market Programme (2021-2027)”. The relevant decision was approved at a meeting of the Cabinet of Ministers of Ukraine on January 17, 2023.

Chicago soybean futures lost ground on Tuesday, with prices dropping for the first time in four sessions, as expectations of an all-time high Brazilian crop and concerns over economic growth in top consumer China weighed on the market.

Wheat fell, while corn slid from a two-week high.